Quantcast

North Cook News

Thursday, July 17, 2025

Former state school employee Vana paid in $114K to teachers' pension fund, could collect $2.46M in retirement

Shutterstock 225154648

Former state school employee Barbara Vana, who retired in June 2016, saved $113,699 toward a pension over 22 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Vana would collect as much as $2.46 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Vana received $51,641 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Vana will have already received $159,617 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

MORE NEWS