Dupage Policy Journal

Dupage Policy Journal

Friday, January 24, 2020

Former state school employee Roberson paid in $39K to teachers' pension fund, could collect $584K in retirement


By Local Labs News Service | Jul 1, 2018


Former state school employee Deidra Roberson, who retired in June 2018, saved $39,129 toward a pension over 6 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Roberson would collect as much as $583,990, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Roberson received $12,275 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Roberson will have already received $51,353 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

Want to get notified whenever we write about Westmont Community Unit School District 201 ?

Sign-up Next time we write about Westmont Community Unit School District 201, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Westmont Community Unit School District 201

More News