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North Cook News

Thursday, April 3, 2025

Former state school employee Friedlander paid in $188K to teachers' pension fund, could collect $4.72M in retirement

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Former state school employee Leesa Friedlander, who retired in June 2016, saved $187,525 toward a pension over 35 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Friedlander would collect as much as $4.72 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Friedlander received $99,249 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Friedlander will have already received $201,475 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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