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Rockford Sun

Friday, October 3, 2025

Former state school employee Greene paid in $129K to teachers' pension fund, could collect $3.97M in retirement

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Former state school employee Linda Greene, who retired in May 2017, saved $129,258 toward a pension over 46 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Greene would collect as much as $3.97 million, according to a projection by Local Government Information Services (LGIS), which publishes Rockford Sun.

The projection assumes Greene received $83,514 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Greene will have already received $169,533 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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