Former state school employee Brinson paid in $114K to teachers' pension fund, could collect $2.1M in retirement

By Local Labs News Service

Jun 1, 2016

Former state school employee Patricia Brinson, who retired in May 2016, saved $114,463 toward a pension over 25 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Brinson would collect as much as $2.1 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.

The projection assumes Brinson received $44,062 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Brinson will have already received $136,192 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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Collinsville Community Unit School District 10 Board

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