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South Cook News

Friday, October 3, 2025

Former state school employee Hensley paid in $218K to teachers' pension fund, could collect $4.59M in retirement

Money 02

Former state school employee Mary Hensley, who retired in May 2017, saved $218,344 toward a pension over 33 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Hensley would collect as much as $4.59 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.

The projection assumes Hensley received $96,451 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Hensley will have already received $298,121 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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