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Galesburg Reporter

Monday, July 14, 2025

Former state school employee Campbell paid in $68K to teachers' pension fund, could collect $1.46M in retirement

Money 02

Former state school employee Marilyn Campbell, who retired in May 2017, saved $67,713 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, Campbell would collect as much as $1.46 million, according to a projection by Local Government Information Services (LGIS), which publishes Galesburg Reporter.

The projection assumes Campbell received $30,657 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Campbell will have already received $94,758 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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