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West Cook News

Saturday, July 12, 2025

Former state school employee Fahey paid in $4K to teachers' pension fund, could collect $93K in retirement

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Former state school employee John Fahey, who retired in April 2018, saved $3,521 toward a pension over 1 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Fahey would collect as much as $93,137, according to a projection by Local Government Information Services (LGIS), which publishes West Cook News.

The projection assumes Fahey received $1,957 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Fahey will have already received $3,973 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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