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McLean County Times

Sunday, April 20, 2025

Former state school employee Lishka paid in $104K to teachers' pension fund, could collect $1.33M in retirement

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Former state school employee Robert Lishka, who retired in May 2018, saved $103,806 toward a pension over 17 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Lishka would collect as much as $1.33 million, according to a projection by Local Government Information Services (LGIS), which publishes McLean County Times.

The projection assumes Lishka received $28,037 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Lishka will have already received $117,295 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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