South Central Reporter

Former state school employee Doris Danford, who retired in May 2018, saved $148,478 toward a pension over 29 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Danford would collect as much as $2.27 million, according to a projection by Local Government Information Services (LGIS), which publishes South Central Reporter.

The projection assumes Danford received $47,775 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Danford will have already received $199,872 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.