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North Cook News

Saturday, June 21, 2025

Former state school employee Saylor paid in $18K to teachers' pension fund, could collect $216K in retirement

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Former state school employee Pamela Saylor, who retired in March 2017, saved $17,999 toward a pension over 3 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Saylor would collect as much as $216,281, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Saylor received $4,546 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Saylor will have already received $19,017 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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