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DeKalb Times

Tuesday, October 14, 2025

Former state school employee Wills paid in $95K to teachers' pension fund, could collect $2.23M in retirement

Money 05

Former state school employee Cynthia Wills, who retired in June 2017, saved $95,100 toward a pension over 19 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Wills would collect as much as $2.23 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Wills received $46,821 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Wills will have already received $144,720 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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