Former state school employee Bruhn paid in $70K to teachers' pension fund, could collect $911K in retirement

By Local Labs News Service

Feb 1, 2018

Former state school employee Victoria Bruhn, who retired in January 2018, saved $70,381 toward a pension over 13 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Bruhn would collect as much as $910,993, according to a projection by Local Government Information Services (LGIS), which publishes NW Illinois News.

The projection assumes Bruhn received $19,148 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Bruhn will have already received $80,107 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

ORGANIZATIONS IN THIS STORY

Illinois State Board Of Education

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.

Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.

Donate