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West Cook News

Monday, July 14, 2025

Former state school employee Brown paid in $195K to teachers' pension fund, could collect $4.4M in retirement

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Former state school employee Nancy Brown, who retired in June 2017, saved $195,235 toward a pension over 42 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Brown would collect as much as $4.4 million, according to a projection by Local Government Information Services (LGIS), which publishes West Cook News.

The projection assumes Brown received $92,455 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Brown will have already received $285,770 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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