Quantcast

Metro East Sun

Friday, June 27, 2025

Former state school employee Hatfill paid in $156K to teachers' pension fund, could collect $2.58M in retirement

Money836

Former state school employee Fredricka Hatfill, who retired in May 2017, saved $155,599 toward a pension over 33 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Hatfill would collect as much as $2.58 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.

The projection assumes Hatfill received $54,280 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Hatfill will have already received $167,773 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS