Will County Gazette

Former state school employee Toni Szostak, who retired in June 2017, saved $109,930 toward a pension over 27 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Szostak would collect as much as $2.32 million, according to a projection by Local Government Information Services (LGIS), which publishes Will County Gazette.

The projection assumes Szostak received $48,664 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Szostak will have already received $150,416 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.