Retired St Charles CUSD 303 employee Debra Rose saved $7,896 toward her pension over 17 years working for public schools, Illinois Teachers' Retirement Fund (TRS) records show.
Over 33 years of retirement, Rose would collect as much as $146,000, according to a projection by Local Government Information Services (LGIS), which publishes Kane County Reporter.
Rose, 62, who currently lives in Elgin earned $217 in her final year at St Charles CUSD 303.
The projection assumes Rose will receive $2,471 in her first year of retirement, then 3 percent annual increases thereafter, compounded.
After three years of retirement, Rose will have already received $7,639 in retirement benefits, or more than the sum total of her contributions to the state teachers' pension fund.
According to the Illinois State Board of Education (ISBE), 51.4 percent of St Charles CUSD 303 students met or exceeded the standards for the "PARCC" exams. ISBE reported that 73.4 percent of district's graduates were deemed "college ready" last year.
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