West Central Reporter

Former state school employee Janet Carlisle, who retired in May 2016, saved $64,933 toward a pension over 20 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Carlisle would collect as much as $987,659, according to a projection by Local Government Information Services (LGIS), which publishes West Central Reporter.

The projection assumes Carlisle received $20,759 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Carlisle will have already received $86,848 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.