How much did retired Illinois teacher Linda M. McCoy contribute to retirement savings by the end of their career, according to contribution data accumulated from FOIA requests?
Linda M. McCoy of Indian Prairie Community Unit School District 204 contributed $154,357 during their tenure as a teacher.
They earned $125,227 when they retired after the 2018 school year.
Of the $154,357, they’ve taken home $5,497.
Rotherham said a sizable amount of teacher pensions are made in the last five years of a pension, approximately between 25 and 30 years of contributions.
The average teacher salary in the US is roughly $60,000 in 2019. Teachers just starting can expect to earn less than $40,000, according to Melanie Weir with Business Insider.
Pequot Lakes superintendent accepts Cook County job
Chris Lindholm will officially request his resignation - effective June 30 - in a special Pequot Lakes School board meeting Monday, May 24. 3:00 pm, May 24, 2021 ×
Pequot Lakes Superintendent Chris Lindholm during the Pequot Lakes School Board s work session Monday, April 12, 2021.Dan Determan / Echo Journal
Pequot Lakes Superintendent Chris Lindholm will resign at the end of the fiscal year - June 30 - having accepted the superintendent position in the Cook County School District.
Lindholm said he and his wife love the area around the north shore so much that when the job posted in early April, he did not hesitate.
Pequot Lakes superintendent, Chris Lindholm, accepts Cook County job
Chris Lindholm officially requested his resignation - effective June 30 - in a special Pequot Lakes School board meeting Monday, May 24. 4:12 pm, May 25, 2021 ×
Superintendent Chris Lindholm listens to well wishes from board members as the Pequot Lakes School Board accepted his resignation on Monday, May 24. Dan Determan / Echo Journal
Pequot Lakes Superintendent Chris Lindholm will resign at the end of the fiscal year after accepting the superintendent position in the Cook County School District.
In a special meeting Monday, May 24, the Pequot Lakes School Board voted unanimously to accept Lindholm’s resignation, effective June 30.