Dupage Policy Journal

Former state school employee Beverly Taylor, who retired in May 2016, saved $188,185 toward a pension over 34 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Taylor would collect as much as $3.71 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Taylor received $77,992 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Taylor will have already received $241,066 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.