Quantcast

North Cook News

Wednesday, June 18, 2025

Former state school employee Bell paid in $143K to teachers' pension fund, could collect $3.22M in retirement

Shutterstock 113962678

Former state school employee Robin Bell, who retired in June 2016, saved $143,114 toward a pension over 26 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Bell would collect as much as $3.22 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Bell received $67,728 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Bell will have already received $209,341 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

MORE NEWS