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Chicago City Wire

Tuesday, July 29, 2025

Former state university employee Liedtke paid in $236K to pension fund, could collect $4.82M in retirement

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Former state university employee Charles Liedtke, who retired in January 2016, saved $235,904 toward a pension over 24 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Liedtke would collect as much as $4.82 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Liedtke received $101,215 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Liedtke will have already received $312,845 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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