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Quincy Reporter

Saturday, May 10, 2025

Former state school employee Pfleiger paid in $102K to teachers' pension fund, could collect $2.45M in retirement

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Former state school employee Mark Pfleiger, who retired in December 2017, saved $101,552 toward a pension over 23 years working for public schools, Teachers' Retirement System of the State of Illinois records show.

Over 30 years of retirement, Pfleiger would collect as much as $2.45 million, according to a projection by Local Government Information Services (LGIS), which publishes Quincy Reporter.

The projection assumes Pfleiger received $51,404 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Pfleiger will have already received $104,350 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

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