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Carbondale Reporter

Thursday, October 2, 2025

Former state school employee Chapman paid in $78K to teachers' pension fund, could collect $1.63M in retirement

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Former state school employee Laurie Chapman, who retired in November 2016, saved $77,595 toward a pension over 23 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Chapman would collect as much as $1.63 million, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.

The projection assumes Chapman received $34,184 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Chapman will have already received $105,660 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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