Former state school employee Currier paid in $68K to teachers' pension fund, could collect $1.68M in retirement

By Rock Island Today Reports

Sep 1, 2016

Former state school employee Kimberly Currier, who retired in August 2016, saved $67,652 toward a pension over 26 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Currier would collect as much as $1.68 million, according to a projection by Local Government Information Services (LGIS), which publishes Rock Island Today.

The projection assumes Currier received $35,292 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Currier will have already received $71,643 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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Kewanee Community Unit School District 229 Board

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