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Macon Reporter

Tuesday, September 16, 2025

Former state school employee Johnson paid in $57K to teachers' pension fund, could collect $844K in retirement

Money 07

Former state school employee Cynthia Johnson, who retired in November 2017, saved $57,012 toward a pension over 14 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Johnson would collect as much as $843,837, according to a projection by Local Government Information Services (LGIS), which publishes Macon Reporter.

The projection assumes Johnson received $17,736 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Johnson will have already received $74,200 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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