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Peoria Standard

Monday, October 27, 2025

Former state school employee Corpus paid in $179K to teachers' pension fund, could collect $4.07M in retirement

Money041

Former state school employee James Corpus, who retired in June 2018, saved $179,095 toward a pension over 40 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Corpus would collect as much as $4.07 million, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.

The projection assumes Corpus received $85,531 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Corpus will have already received $264,368 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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