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Sangamon Sun

Saturday, July 12, 2025

Former state school employee Diederich paid in $96K to teachers' pension fund, could collect $2.41M in retirement

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Former state school employee Jacqueline Diederich, who retired in May 2017, saved $96,051 toward a pension over 37 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Diederich would collect as much as $2.41 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Diederich received $50,582 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Diederich will have already received $102,681 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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