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Lake County Gazette

Saturday, July 12, 2025

Former state school employee Noble paid in $137K to teachers' pension fund, could collect $3M in retirement

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Former state school employee Patricia Noble, who retired in June 2017, saved $137,388 toward a pension over 28 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Noble would collect as much as $3 million, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.

The projection assumes Noble received $63,131 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Noble will have already received $195,132 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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