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South Cook News

Friday, June 6, 2025

Former state school employee Gordon paid in $107K to teachers' pension fund, could collect $2.15M in retirement

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Former state school employee Susan Gordon, who retired in June 2016, saved $107,230 toward a pension over 25 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Gordon would collect as much as $2.15 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.

The projection assumes Gordon received $45,168 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Gordon will have already received $139,610 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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