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McHenry Times

Saturday, June 14, 2025

Former state school employee Youel paid in $209K to teachers' pension fund, could collect $4.1M in retirement

Money759

Former state school employee Curt Youel, who retired in June 2018, saved $209,418 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, Youel would collect as much as $4.1 million, according to a projection by Local Government Information Services (LGIS), which publishes McHenry Times.

The projection assumes Youel received $86,099 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Youel will have already received $266,123 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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