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Metro East Sun

Wednesday, July 23, 2025

Former state school employee Droste paid in $163K to teachers' pension fund, could collect $3.44M in retirement

Money041

Former state school employee Catherine Droste, who retired in May 2018, saved $162,890 toward a pension over 35 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Droste would collect as much as $3.44 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.

The projection assumes Droste received $72,266 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Droste will have already received $223,367 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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