Will County Gazette

Former state school employee Lyell Stark, who retired in October 2016, saved $96,559 toward a pension over 22 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Stark would collect as much as $1.7 million, according to a projection by Local Government Information Services (LGIS), which publishes Will County Gazette.

The projection assumes Stark received $35,636 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Stark will have already received $110,147 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.