West Central Reporter

Former state school employee Susan Conlon, who retired in June 2018, saved $108,086 toward a pension over 28 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Conlon would collect as much as $2.62 million, according to a projection by Local Government Information Services (LGIS), which publishes West Central Reporter.

The projection assumes Conlon received $55,074 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Conlon will have already received $111,800 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.