Former state school employee Sienkowski paid in $139K to teachers' pension fund, could collect $3.74M in retirement

By Local Labs News Service

Jul 1, 2017

Former state school employee Edmee Sienkowski, who retired in June 2017, saved $139,179 toward a pension over 39 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Sienkowski would collect as much as $3.74 million, according to a projection by Local Government Information Services (LGIS), which publishes Will County Gazette.

The projection assumes Sienkowski received $78,597 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Sienkowski will have already received $159,552 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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Joliet Public School District 86

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