Dupage Policy Journal

Former state school employee Cindy Weiss, who retired in May 2017, saved $74,696 toward a pension over 16 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Weiss would collect as much as $1.69 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Weiss received $35,519 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Weiss will have already received $109,787 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.