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Peoria Standard

Wednesday, September 10, 2025

Former state school employee Coughlin paid in $163K to teachers' pension fund, could collect $3.1M in retirement

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Former state school employee Patrick Coughlin, who retired in June 2017, saved $163,151 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, Coughlin would collect as much as $3.1 million, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.

The projection assumes Coughlin received $65,104 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Coughlin will have already received $201,230 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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