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Chicago City Wire

Saturday, July 26, 2025

Former state university employee Rosengren paid in $96K to pension fund, could collect $2.2M in retirement

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Former state university employee Karl Rosengren, who retired in January 2016, saved $96,253 toward a pension over 17 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Rosengren would collect as much as $2.2 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Rosengren received $46,163 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Rosengren will have already received $142,685 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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