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DeKalb Times

Saturday, April 19, 2025

Former state school employee Stavrojohn paid in $184K to teachers' pension fund, could collect $3.95M in retirement

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Former state school employee Nick Stavrojohn, who retired in May 2016, saved $184,178 toward a pension over 35 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Stavrojohn would collect as much as $3.95 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Stavrojohn received $83,109 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Stavrojohn will have already received $256,881 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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