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Metro East Sun

Saturday, April 19, 2025

Former state school employee Eatherton paid in $174K to teachers' pension fund, could collect $3.66M in retirement

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Former state school employee Janet Eatherton, who retired in May 2016, saved $173,855 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, Eatherton would collect as much as $3.66 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.

The projection assumes Eatherton received $77,017 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Eatherton will have already received $238,053 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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