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South Central Reporter

Sunday, April 20, 2025

Former state school employee Miller paid in $74K to teachers' pension fund, could collect $1.1M in retirement

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Former state school employee Angela Miller, who retired in February 2017, saved $74,187 toward a pension over 18 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Miller would collect as much as $1.1 million, according to a projection by Local Government Information Services (LGIS), which publishes South Central Reporter.

The projection assumes Miller received $23,174 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Miller will have already received $96,951 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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