McLean County Times

Former state school employee Debra McReynolds, who retired in May 2017, saved $131,392 toward a pension over 38 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, McReynolds would collect as much as $2.65 million, according to a projection by Local Government Information Services (LGIS), which publishes McLean County Times.

The projection assumes McReynolds received $55,650 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, McReynolds will have already received $172,010 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.