West Central Reporter

Former state school employee Rosa Hausch, who retired in May 2016, saved $17,000 toward a pension over 8 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Hausch would collect as much as $244,495, according to a projection by Local Government Information Services (LGIS), which publishes West Central Reporter.

The projection assumes Hausch received $5,139 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Hausch will have already received $21,500 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.