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Sangamon Sun

Friday, April 4, 2025

Former state school employee Scaggs paid in $107K to teachers' pension fund, could collect $2.19M in retirement

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Former state school employee Heidi Scaggs, who retired in May 2016, saved $106,757 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, Scaggs would collect as much as $2.19 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Scaggs received $46,002 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Scaggs will have already received $142,187 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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