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West Cook News

Sunday, July 20, 2025

Former state school employee Otter paid in $57K to teachers' pension fund, could collect $909K in retirement

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Former state school employee Kathryn Otter, who retired in June 2018, saved $56,870 toward a pension over 14 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Otter would collect as much as $909,194, according to a projection by Local Government Information Services (LGIS), which publishes West Cook News.

The projection assumes Otter received $19,110 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Otter will have already received $59,066 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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