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Chicago City Wire

Thursday, October 2, 2025

Former state university employee Bowdry paid in $40K to pension fund, could collect $1.34M in retirement

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Former state university employee Jacqueline Bowdry, who retired in May 2016, saved $39,909 toward a pension over 31 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Bowdry would collect as much as $1.34 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Bowdry received $28,216 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Bowdry will have already received $57,278 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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