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West Cook News

Tuesday, November 4, 2025

Former state school employee Schlesser paid in $134K to teachers' pension fund, could collect $2.69M in retirement

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Former state school employee Mary Schlesser, who retired in June 2017, saved $134,417 toward a pension over 24 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Schlesser would collect as much as $2.69 million, according to a projection by Local Government Information Services (LGIS), which publishes West Cook News.

The projection assumes Schlesser received $56,513 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Schlesser will have already received $174,675 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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