Quantcast

North Cook News

Wednesday, May 14, 2025

Former state school employee Coughlin paid in $195K to teachers' pension fund, could collect $3.87M in retirement

Shutterstock 233512279

Former state school employee Kathleen Coughlin, who retired in May 2017, saved $195,491 toward a pension over 24 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Coughlin would collect as much as $3.87 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Coughlin received $81,277 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Coughlin will have already received $251,218 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

!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