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North Cook News

Thursday, April 10, 2025

Former state school employee Roig paid in $149K to teachers' pension fund, could collect $2.77M in retirement

Money272

Former state school employee Linda Roig, who retired in June 2017, saved $148,586 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, Roig would collect as much as $2.77 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Roig received $58,222 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Roig will have already received $179,959 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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