Quantcast

DeKalb Times

Monday, July 21, 2025

Former state school employee Miosi paid in $146K to teachers' pension fund, could collect $3.22M in retirement

Money 05

Former state school employee Nancy Miosi, who retired in June 2017, saved $145,776 toward a pension over 27 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Miosi would collect as much as $3.22 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Miosi received $67,634 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Miosi will have already received $209,050 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

MORE NEWS