Lake County Gazette

Former state school employee Eeva Burns, who retired in June 2017, saved $104,561 toward a pension over 21 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Burns would collect as much as $1.33 million, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.

The projection assumes Burns received $28,018 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Burns will have already received $117,219 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.