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NW Illinois News

Thursday, June 19, 2025

Former state school employee Kryder paid in $108K to teachers' pension fund, could collect $2.43M in retirement

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Former state school employee Karen Kryder, who retired in May 2017, saved $107,596 toward a pension over 38 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Kryder would collect as much as $2.43 million, according to a projection by Local Government Information Services (LGIS), which publishes NW Illinois News.

The projection assumes Kryder received $51,148 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Kryder will have already received $158,092 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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