Quantcast

South Cook News

Saturday, June 7, 2025

Former state school employee Curran paid in $119K to teachers' pension fund, could collect $2.4M in retirement

Shutterstock 262120544

Former state school employee Pamela Curran, who retired in June 2017, saved $118,908 toward a pension over 29 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Curran would collect as much as $2.4 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.

The projection assumes Curran received $50,456 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Curran will have already received $155,955 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS