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Chambana Sun

Friday, July 4, 2025

Former state school employee Daugherty paid in $4K to teachers' pension fund, could collect $120K in retirement

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Former state school employee Joann Daugherty, who retired in February 2018, saved $3,871 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, Daugherty would collect as much as $120,386, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.

The projection assumes Daugherty received $2,530 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Daugherty will have already received $5,136 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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