Dupage Policy Journal

Former state school employee Catherine Ryan, who retired in July 2016, saved $207,391 toward a pension over 30 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Ryan would collect as much as $5.35 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Ryan received $112,431 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Ryan will have already received $228,235 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.