Will County Gazette

Former state school employee Patricia Edgett, who retired in May 2016, saved $33,325 toward a pension over 8 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Edgett would collect as much as $495,791, according to a projection by Local Government Information Services (LGIS), which publishes Will County Gazette.

The projection assumes Edgett received $10,421 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Edgett will have already received $43,599 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.