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Sangamon Sun

Monday, April 7, 2025

Former state school employee Marifian paid in $136K to teachers' pension fund, could collect $2.43M in retirement

Money 02

Former state school employee Nina Marifian, who retired in June 2017, saved $135,858 toward a pension over 24 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Marifian would collect as much as $2.43 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Marifian received $50,985 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Marifian will have already received $157,590 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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