East Central Reporter

Former state school employee Julie Hine, who retired in January 2016, saved $128,680 toward a pension over 34 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Hine would collect as much as $2.63 million, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Hine received $55,259 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Hine will have already received $170,801 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.