Former state school employee Bough paid in $140K to teachers' pension fund, could collect $3.68M in retirement

By East Central Reporter Reports

Jul 1, 2018

Former state school employee Christine Bough, who retired in June 2018, saved $140,047 toward a pension over 33 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Bough would collect as much as $3.68 million, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Bough received $77,257 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Bough will have already received $156,832 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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Mattoon Community Unit School District 2

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