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Kankakee Times

Friday, August 29, 2025

Former state school employee St John paid in $56K to teachers' pension fund, could collect $838K in retirement

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Former state school employee Janice St John, who retired in June 2018, saved $56,044 toward a pension over 15 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, St John would collect as much as $837,997, according to a projection by Local Government Information Services (LGIS), which publishes Kankakee Times.

The projection assumes St John received $17,614 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, St John will have already received $73,689 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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