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Illinois Valley Times

Wednesday, November 19, 2025

Former state school employee Carusona paid in $41K to teachers' pension fund, could collect $617K in retirement

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Former state school employee Eileen Carusona, who retired in May 2017, saved $40,647 toward a pension over 13 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Carusona would collect as much as $616,605, according to a projection by Local Government Information Services (LGIS), which publishes Illinois Valley Times.

The projection assumes Carusona received $12,960 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Carusona will have already received $54,219 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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