Former state school employee Jaskierski paid in $105K to teachers' pension fund, could collect $1.92M in retirement

By West Cook News

Jul 1, 2016

Former state school employee Sheila Jaskierski, who retired in June 2016, saved $105,188 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, Jaskierski would collect as much as $1.92 million, according to a projection by Local Government Information Services (LGIS), which publishes West Cook News.

The projection assumes Jaskierski received $40,303 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Jaskierski will have already received $124,572 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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Western Springs School District 101

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