Kane County Reporter

Former state school employee Susan McCracken, who retired in May 2016, saved $217,293 toward a pension over 29 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, McCracken would collect as much as $3.06 million, according to a projection by Local Government Information Services (LGIS), which publishes Kane County Reporter.

The projection assumes McCracken received $64,356 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, McCracken will have already received $269,243 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.