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Sangamon Sun

Friday, September 12, 2025

Former state school employee Wilson paid in $97K to teachers' pension fund, could collect $1.68M in retirement

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Former state school employee Susan Wilson, who retired in May 2018, saved $96,711 toward a pension over 26 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Wilson would collect as much as $1.68 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Wilson received $35,218 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Wilson will have already received $108,856 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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