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East Central Reporter

Monday, July 14, 2025

Former state school employee Woods paid in $102K to teachers' pension fund, could collect $2.1M in retirement

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Former state school employee Eva Woods, who retired in May 2016, saved $102,056 toward a pension over 31 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Woods would collect as much as $2.1 million, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Woods received $44,182 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Woods will have already received $136,561 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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