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North Cook News

Monday, March 31, 2025

Former state school employee McIntyre paid in $166K to teachers' pension fund, could collect $3.08M in retirement

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Former state school employee Cynthia McIntyre, who retired in June 2016, saved $166,125 toward a pension over 30 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, McIntyre would collect as much as $3.08 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes McIntyre received $64,754 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, McIntyre will have already received $200,149 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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