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Lake County Gazette

Friday, September 12, 2025

Former state school employee Scott paid in $329K to teachers' pension fund, could collect $8.81M in retirement

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Former state school employee Marina Scott, who retired in July 2017, saved $329,473 toward a pension over 37 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Scott would collect as much as $8.81 million, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.

The projection assumes Scott received $185,156 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Scott will have already received $375,867 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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