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DeKalb Times

Saturday, June 7, 2025

Former state school employee Ohagan paid in $161K to teachers' pension fund, could collect $3.3M in retirement

Money 01

Former state school employee Donna Ohagan, who retired in May 2017, saved $160,792 toward a pension over 36 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Ohagan would collect as much as $3.3 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Ohagan received $69,425 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Ohagan will have already received $214,586 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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