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Chicago City Wire

Monday, June 2, 2025

Former state university employee MacK paid in $71K to pension fund, could collect $1.72M in retirement

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Former state university employee Reba MacK, who retired in September 2018, saved $71,069 toward a pension over 30 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, MacK would collect as much as $1.72 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes MacK received $36,166 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, MacK will have already received $73,417 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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