Will County Gazette

Former state school employee Sue Anderson, who retired in January 2017, saved $22,032 toward a pension over 13 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Anderson would collect as much as $885,439, according to a projection by Local Government Information Services (LGIS), which publishes Will County Gazette.

The projection assumes Anderson received $18,611 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Anderson will have already received $37,780 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.