Lake County Gazette

Former state school employee Kathleen Johnston, who retired in June 2016, saved $144,168 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, Johnston would collect as much as $2.81 million, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.

The projection assumes Johnston received $58,966 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Johnston will have already received $182,258 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.