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Chicago City Wire

Thursday, July 31, 2025

Former state university employee Wilson paid in $57K to pension fund, could collect $1.21M in retirement

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Former state university employee Susan Wilson, who retired in March 2016, saved $57,369 toward a pension over 28 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Wilson would collect as much as $1.21 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Wilson received $25,504 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Wilson will have already received $78,830 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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