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North Cook News

Saturday, June 21, 2025

Former state school employee Sepulveda paid in $117K to teachers' pension fund, could collect $2.34M in retirement

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Former state school employee Susana Sepulveda, who retired in May 2016, saved $116,605 toward a pension over 21 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Sepulveda would collect as much as $2.34 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Sepulveda received $49,140 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Sepulveda will have already received $151,886 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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