Former state school employee Feller paid in $26K to teachers' pension fund, could collect $395K in retirement

By Rock Island Today Reports

Oct 1, 2018

Former state school employee Melissa Feller, who retired in September 2018, saved $26,081 toward a pension over 10 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Feller would collect as much as $395,169, according to a projection by Local Government Information Services (LGIS), which publishes Rock Island Today.

The projection assumes Feller received $8,306 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Feller will have already received $34,749 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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United Township High School District 30 Board

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