Dupage Policy Journal

Dupage Policy Journal

Monday, October 21, 2019

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

Schools

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.

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Westmont Community Unit School District 201

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