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Galesburg Reporter

Monday, August 4, 2025

Former state school employee Dougherty paid in $214K to teachers' pension fund, could collect $3.75M in retirement

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Former state school employee Timothy Dougherty, who retired in May 2017, saved $214,328 toward a pension over 32 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Dougherty would collect as much as $3.75 million, according to a projection by Local Government Information Services (LGIS), which publishes Galesburg Reporter.

The projection assumes Dougherty received $78,823 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Dougherty will have already received $243,635 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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