Peoria Standard

Former state school employee Jill Warren, who retired in July 2016, saved $141,525 toward a pension over 31 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Warren would collect as much as $2.71 million, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.

The projection assumes Warren received $56,894 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Warren will have already received $175,854 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.