More than 19,000 Illinois government retirees receive pensions over $100K

More than 19,000 Illinois government retirees receive pensions over $100K
"The average six-figure retiree contributed just over $160,000 (TOTAL) toward their own pension over the course of their career.
Data from Illinois’ six largest pension systems show 19,158 former government workers collect annual pensions of more than $100,000, costing those systems nearly $2.4 billion combined in fiscal year 2018.
Six-figure pensioners enrolled in those systems contributed an average of $160,100 toward their own retirements over the course of their careers, and retired on average at age 59.
...TRS pays out more than $100,000 annually to nearly 12,000 pensioners – the largest number of six-figure pensioners among the six systems. 
SURS comes in second, with 4,283 members receiving annual benefits exceeding $100,000. 
Dozens of state lawmakers who bear responsibility for Illinois’ pension crisis are also receiving six-figure pension payouts from GARS.

The top annual earner among the six systems is University of Illinois, Chicago professor emeritus Tapas Das Gupta, who received nearly $504,700 in fiscal year 2018..."

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