Quantcast

Peoria Standard

Sunday, June 22, 2025

Former state school employee Crawford paid in $158K to teachers' pension fund, could collect $3.25M in retirement

Shutterstock 197358977

Former state school employee Nanette Crawford, who retired in May 2017, saved $157,854 toward a pension over 34 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Crawford would collect as much as $3.25 million, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.

The projection assumes Crawford received $68,250 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Crawford will have already received $210,955 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS