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Sangamon Sun

Saturday, June 14, 2025

Former state school employee Erickson paid in $119K to teachers' pension fund, could collect $2.26M in retirement

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Former state school employee Rosemary Erickson, who retired in May 2016, saved $118,763 toward a pension over 28 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Erickson would collect as much as $2.26 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Erickson received $47,486 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Erickson will have already received $146,775 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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