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Metro East Sun

Friday, October 3, 2025

Former state school employee Kiraly paid in $107K to teachers' pension fund, could collect $2.02M in retirement

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Former state school employee Cynthia Kiraly, who retired in May 2018, saved $107,386 toward a pension over 23 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Kiraly would collect as much as $2.02 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.

The projection assumes Kiraly received $42,357 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Kiraly will have already received $130,922 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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