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West Cook News

Tuesday, May 13, 2025

Former state school employee Taylor paid in $150K to teachers' pension fund, could collect $3.22M in retirement

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Former state school employee Cynthia Taylor, who retired in June 2018, saved $150,456 toward a pension over 35 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Taylor would collect as much as $3.22 million, according to a projection by Local Government Information Services (LGIS), which publishes West Cook News.

The projection assumes Taylor received $67,715 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Taylor will have already received $209,299 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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