McLean County Times

Former state school employee Jannean Muehlfeld, who retired in October 2018, saved $102,258 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, Muehlfeld would collect as much as $1.82 million, according to a projection by Local Government Information Services (LGIS), which publishes McLean County Times.

The projection assumes Muehlfeld received $38,150 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Muehlfeld will have already received $117,919 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.