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Metro East Sun

Friday, April 25, 2025

Former state school employee Conway paid in $153K to teachers' pension fund, could collect $2.87M in retirement

Money759

Former state school employee Robyn Conway, who retired in May 2018, saved $153,403 toward a pension over 32 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Conway would collect as much as $2.87 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.

The projection assumes Conway received $60,411 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Conway will have already received $186,724 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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