Quantcast

Macon Reporter

Monday, April 21, 2025

Former state school employee Leisner paid in $99K to teachers' pension fund, could collect $1.95M in retirement

Shutterstock 443523118

Former state school employee Debra Leisner, who retired in May 2016, saved $99,099 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, Leisner would collect as much as $1.95 million, according to a projection by Local Government Information Services (LGIS), which publishes Macon Reporter.

The projection assumes Leisner received $41,014 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Leisner will have already received $126,769 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS