Former state school employee Hettenhausen paid in $139K to teachers' pension fund, could collect $1.99M in retirement

By Local Labs News Service

Jun 1, 2017

Former state school employee Tammie Hettenhausen, who retired in May 2017, saved $138,679 toward a pension over 25 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Hettenhausen would collect as much as $1.99 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.

The projection assumes Hettenhausen received $41,924 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Hettenhausen will have already received $175,394 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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Belleville Township High School District 201

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