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Chicago City Wire

Monday, July 28, 2025

Former state university employee Haber paid in $148K to pension fund, could collect $5.17M in retirement

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Former state university employee Robert Haber, who retired in January 2016, saved $148,284 toward a pension over 22 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Haber would collect as much as $5.17 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Haber received $108,599 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Haber will have already received $220,456 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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