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North Cook News

Wednesday, July 16, 2025

Former state school employee Thorngren paid in $262K to teachers' pension fund, could collect $5.76M in retirement

Money 08

Former state school employee Susan Thorngren, who retired in November 2017, saved $261,561 toward a pension over 34 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Thorngren would collect as much as $5.76 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Thorngren received $121,042 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Thorngren will have already received $374,128 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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