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Kankakee Times

Wednesday, August 6, 2025

Former state school employee Kurrle paid in $42K to teachers' pension fund, could collect $1.01M in retirement

Money 06

Former state school employee Jacqueline Kurrle, who retired in March 2016, saved $41,687 toward a pension over 16 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Kurrle would collect as much as $1.01 million, according to a projection by Local Government Information Services (LGIS), which publishes Kankakee Times.

The projection assumes Kurrle received $21,273 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Kurrle will have already received $43,184 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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