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North Cook News

Wednesday, July 23, 2025

Former state school employee Tulley paid in $186K to teachers' pension fund, could collect $3.74M in retirement

Money 08

Former state school employee Hillary Tulley, who retired in May 2017, saved $186,057 toward a pension over 23 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Tulley would collect as much as $3.74 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Tulley received $78,647 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Tulley will have already received $243,089 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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