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Peoria Standard

Tuesday, October 28, 2025

Former state school employee Moroz paid in $167K to teachers' pension fund, could collect $2.54M in retirement

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Former state school employee Carole Moroz, who retired in May 2018, saved $167,287 toward a pension over 25 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Moroz would collect as much as $2.54 million, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.

The projection assumes Moroz received $53,361 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Moroz will have already received $223,243 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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