Quantcast

Illinois Valley Times

Wednesday, May 14, 2025

Former state school employee Pufahl paid in $80K to teachers' pension fund, could collect $1.41M in retirement

Money 05

Former state school employee Lynn Pufahl, who retired in May 2017, saved $80,138 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, Pufahl would collect as much as $1.41 million, according to a projection by Local Government Information Services (LGIS), which publishes Illinois Valley Times.

The projection assumes Pufahl received $29,708 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Pufahl will have already received $91,824 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

MORE NEWS