Quantcast

South Cook News

Saturday, October 4, 2025

Former state school employee Odonoghue Coughlin paid in $62K to teachers' pension fund, could collect $870K in retirement

Money041

Former state school employee Eileen Odonoghue Coughlin, who retired in June 2017, saved $62,222 toward a pension over 13 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Odonoghue Coughlin would collect as much as $870,481, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.

The projection assumes Odonoghue Coughlin received $18,296 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Odonoghue Coughlin will have already received $76,543 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

MORE NEWS