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Peoria Standard

Sunday, November 24, 2024

Former state school employee Wroblewski paid in $89K to teachers' pension fund, could collect $1.68M in retirement

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Former state school employee Kelly Wroblewski, who retired in May 2018, saved $88,874 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, Wroblewski would collect as much as $1.68 million, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.

The projection assumes Wroblewski received $35,329 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Wroblewski will have already received $109,199 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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