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Metro East Sun

Friday, October 3, 2025

Former state school employee McFall paid in $118K to teachers' pension fund, could collect $2.28M in retirement

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Former state school employee Carol McFall, who retired in May 2017, saved $118,064 toward a pension over 27 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, McFall would collect as much as $2.28 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.

The projection assumes McFall received $47,861 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, McFall will have already received $147,934 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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