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Chicago City Wire

Tuesday, July 29, 2025

Former state university employee Duff paid in $200K to pension fund, could collect $3.37M in retirement

Money 07

Former state university employee Kevin Duff, who retired in January 2016, saved $199,599 toward a pension over 28 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Duff would collect as much as $3.37 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Duff received $70,840 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Duff will have already received $218,959 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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