Will County Gazette

Former state school employee Susan Kazmierczak, who retired in June 2017, saved $119,483 toward a pension over 31 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Kazmierczak would collect as much as $2.83 million, according to a projection by Local Government Information Services (LGIS), which publishes Will County Gazette.

The projection assumes Kazmierczak received $59,459 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Kazmierczak will have already received $120,702 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.