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North Cook News

Monday, July 7, 2025

Former state school employee Przekota paid in $131K to teachers' pension fund, could collect $2.31M in retirement

Money272

Former state school employee Felicia Przekota, who retired in June 2016, saved $131,287 toward a pension over 20 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Przekota would collect as much as $2.31 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Przekota received $48,622 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Przekota will have already received $150,286 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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