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Chicago City Wire

Saturday, July 5, 2025

Former state school employee Tillery paid in $72K to teachers' pension fund, could collect $1.53M in retirement

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Former state school employee Mary Tillery, who retired in March 2016, saved $72,491 toward a pension over 19 years working for public schools, Chicago Teachers' Pension Fund records show.

Over 30 years of retirement, Tillery would collect as much as $1.53 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Tillery received $32,201 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Tillery will have already received $99,530 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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