Former state school employee Rogers paid in $72K to teachers' pension fund, could collect $1.05M in retirement

By Local Labs News Service

Nov 1, 2018

Former state school employee Tina Rogers, who retired in October 2018, saved $72,163 toward a pension over 15 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Rogers would collect as much as $1.05 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.

The projection assumes Rogers received $22,068 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Rogers will have already received $92,324 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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Cahokia Community Unit School District 187

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