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Rockford Sun

Monday, April 28, 2025

Former state school employee Gonet paid in $182K to teachers' pension fund, could collect $4.07M in retirement

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Former state school employee Catherine Gonet, who retired in May 2017, saved $182,075 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, Gonet would collect as much as $4.07 million, according to a projection by Local Government Information Services (LGIS), which publishes Rockford Sun.

The projection assumes Gonet received $85,479 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Gonet will have already received $264,206 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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