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Metro East Sun

Wednesday, July 16, 2025

Former state school employee Kinsman paid in $132K to teachers' pension fund, could collect $1.76M in retirement

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Former state school employee James Kinsman, who retired in May 2017, saved $132,433 toward a pension over 21 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Kinsman would collect as much as $1.76 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.

The projection assumes Kinsman received $37,023 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Kinsman will have already received $154,891 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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