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Carbondale Reporter

Monday, July 21, 2025

Former state school employee Kaufmann paid in $72K to teachers' pension fund, could collect $783K in retirement

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Former state school employee Marilyn Kaufmann, who retired in September 2018, saved $71,565 toward a pension over 15 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Kaufmann would collect as much as $782,539, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.

The projection assumes Kaufmann received $16,448 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 5 years of retirement, Kaufmann will have already received $87,321 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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