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McHenry Times

Wednesday, May 14, 2025

Former state school employee Bridges paid in $202K to teachers' pension fund, could collect $4.76M in retirement

Money 01

Former state school employee Maura Bridges, who retired in June 2018, saved $201,979 toward a pension over 35 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Bridges would collect as much as $4.76 million, according to a projection by Local Government Information Services (LGIS), which publishes McHenry Times.

The projection assumes Bridges received $100,010 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Bridges will have already received $203,020 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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