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Sangamon Sun

Sunday, July 20, 2025

Former state school employee Burroughs paid in $116K to teachers' pension fund, could collect $2.32M in retirement

Money 01

Former state school employee Marcia Burroughs, who retired in May 2017, saved $116,127 toward a pension over 35 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Burroughs would collect as much as $2.32 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Burroughs received $48,661 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Burroughs will have already received $150,407 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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