Former state school employee Williams paid in $84K to teachers' pension fund, could collect $1.34M in retirement

By Local Labs News Service

Jul 1, 2016

Former state school employee Robyn Williams, who retired in June 2016, saved $84,450 toward a pension over 19 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Williams would collect as much as $1.34 million, according to a projection by Local Government Information Services (LGIS), which publishes SE Illinois News.

The projection assumes Williams received $28,255 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Williams will have already received $87,334 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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Harrisburg Community Unit School District 3

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