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West Cook News

Friday, May 23, 2025

Former state school employee Nowatzki paid in $5K to teachers' pension fund, could collect $171K in retirement

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Former state school employee Donna Nowatzki, who retired in June 2017, saved $5,310 toward a pension over 2 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Nowatzki would collect as much as $170,637, according to a projection by Local Government Information Services (LGIS), which publishes West Cook News.

The projection assumes Nowatzki received $3,586 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Nowatzki will have already received $7,280 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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