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Sangamon Sun

Sunday, June 29, 2025

Former state school employee Mosher paid in $129K to teachers' pension fund, could collect $2.96M in retirement

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Former state school employee Judy Mosher, who retired in June 2018, saved $129,141 toward a pension over 30 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Mosher would collect as much as $2.96 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Mosher received $62,294 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Mosher will have already received $192,545 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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