Chicago City Wire

Former teacher and speech pathologist Janet Pevsner, who retired in July 2018, saved $161,613 toward a pension over 35 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Pevsner would collect as much as $3.54 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Pevsner received $74,442 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Pevsner will have already received $230,092 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.