Quantcast

Metro East Sun

Tuesday, November 11, 2025

Former state school employee Haun paid in $142K to teachers' pension fund, could collect $2.92M in retirement

Shutterstock 469426916

Former state school employee Mark Haun, who retired in May 2018, saved $141,722 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, Haun would collect as much as $2.92 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.

The projection assumes Haun received $61,452 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Haun will have already received $189,943 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

MORE NEWS