Former state school employee Mohrman paid in $36K to teachers' pension fund, could collect $1.33M in retirement

By Rock Island Today Reports

Jul 1, 2017

Former state school employee Cynthia Mohrman, who retired in June 2017, saved $35,533 toward a pension over 20 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Mohrman would collect as much as $1.33 million, according to a projection by Local Government Information Services (LGIS), which publishes Rock Island Today.

The projection assumes Mohrman received $27,962 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Mohrman will have already received $56,763 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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Aledo Community Unit School District 201

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