Peoria Standard

Former state school employee Bernard Johnson, who retired in January 2016, saved $24,015 toward a pension over 11 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Johnson would collect as much as $930,443, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.

The projection assumes Johnson received $19,557 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Johnson will have already received $39,701 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.