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Lake County Gazette

Tuesday, September 30, 2025

Former state school employee Miller paid in $148K to teachers' pension fund, could collect $3.11M in retirement

Money 01

Former state school employee Glenn Miller, who retired in May 2017, saved $148,042 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, Miller would collect as much as $3.11 million, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.

The projection assumes Miller received $65,361 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Miller will have already received $202,025 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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