Peoria Standard

Former state school employee Suzanne Minor, who retired in January 2016, saved $94,911 toward a pension over 26 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Minor would collect as much as $2.25 million, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.

The projection assumes Minor received $47,244 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Minor will have already received $95,905 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.