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North Cook News

Thursday, June 19, 2025

Former state school employee Bhatia paid in $124K to teachers' pension fund, could collect $2.22M in retirement

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Former state school employee Uma Bhatia, who retired in June 2016, saved $123,563 toward a pension over 21 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Bhatia would collect as much as $2.22 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Bhatia received $46,733 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Bhatia will have already received $144,447 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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