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Chicago City Wire

Wednesday, July 9, 2025

Former state university employee Sivananthan paid in $304K to pension fund, could collect $5.88M in retirement

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Former state university employee Sivalingam Sivananthan, who retired in June 2017, saved $303,525 toward a pension over 32 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Sivananthan would collect as much as $5.88 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Sivananthan received $123,641 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Sivananthan will have already received $382,162 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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