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Chicago City Wire

Thursday, July 31, 2025

Former state university employee Eden paid in $450K to pension fund, could collect $9.3M in retirement

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Former state university employee James Eden, who retired in January 2019, saved $450,170 toward a pension over 39 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Eden would collect as much as $9.3 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Eden received $195,516 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Eden will have already received $604,319 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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