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Lake County Gazette

Thursday, July 17, 2025

Former state school employee Stellwag paid in $168K to teachers' pension fund, could collect $3.57M in retirement

Money 04

Former state school employee Rebecca Stellwag, who retired in June 2017, saved $167,583 toward a pension over 34 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Stellwag would collect as much as $3.57 million, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.

The projection assumes Stellwag received $75,033 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Stellwag will have already received $231,920 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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