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Lake County Gazette

Wednesday, October 1, 2025

Former state school employee Watson paid in $89K to teachers' pension fund, could collect $1.63M in retirement

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Former state school employee Nuala Watson, who retired in September 2017, saved $88,639 toward a pension over 20 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Watson would collect as much as $1.63 million, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.

The projection assumes Watson received $34,172 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Watson will have already received $105,622 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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