Kane County Reporter

Former state school employee William Kettering, who retired in May 2017, saved $216,990 toward a pension over 33 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Kettering would collect as much as $4.25 million, according to a projection by Local Government Information Services (LGIS), which publishes Kane County Reporter.

The projection assumes Kettering received $89,338 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Kettering will have already received $276,135 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.