East Central Reporter

Former state school employee Linda Kalika, who retired in June 2018, saved $113,654 toward a pension over 41 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Kalika would collect as much as $3.13 million, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Kalika received $65,721 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Kalika will have already received $133,414 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.