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DeKalb Times

Wednesday, April 23, 2025

Former state school employee Hard paid in $121K to teachers' pension fund, could collect $2.68M in retirement

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Former state school employee Susan Hard, who retired in May 2017, saved $120,784 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, Hard would collect as much as $2.68 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Hard received $56,337 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Hard will have already received $174,132 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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