Dupage Policy Journal

Former state school employee Janet Weiland, who retired in June 2018, saved $90,582 toward a pension over 18 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Weiland would collect as much as $1.58 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Weiland received $33,159 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Weiland will have already received $102,492 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.