South Central Reporter

Former state school employee Angela Strobel, who retired in December 2016, saved $122,818 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, Strobel would collect as much as $2.43 million, according to a projection by Local Government Information Services (LGIS), which publishes South Central Reporter.

The projection assumes Strobel received $51,047 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Strobel will have already received $157,780 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.