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Lake County Gazette

Saturday, June 7, 2025

Former state school employee Dreyfuss paid in $150K to teachers' pension fund, could collect $2.61M in retirement

Money 06

Former state school employee Lynn Dreyfuss, who retired in June 2018, saved $149,572 toward a pension over 24 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Dreyfuss would collect as much as $2.61 million, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.

The projection assumes Dreyfuss received $54,942 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Dreyfuss will have already received $169,820 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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