South Central Reporter

Former state school employee Victoria Thomason, who retired in May 2018, saved $53,498 toward a pension over 12 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Thomason would collect as much as $862,860, according to a projection by Local Government Information Services (LGIS), which publishes South Central Reporter.

The projection assumes Thomason received $18,136 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Thomason will have already received $56,056 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.