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Chicago City Wire

Wednesday, August 6, 2025

Former state university employee Roy paid in $69K to pension fund, could collect $1.87M in retirement

Money 07

Former state university employee Patricia Roy, who retired in May 2017, saved $68,820 toward a pension over 30 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Roy would collect as much as $1.87 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Roy received $39,396 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Roy will have already received $79,974 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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