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Chicago City Wire

Tuesday, July 8, 2025

Former state university employee Crnkovich paid in $51K to pension fund, could collect $2.18M in retirement

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Former state university employee Dennis Crnkovich, who retired in June 2017, saved $51,275 toward a pension over 8 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Crnkovich would collect as much as $2.18 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Crnkovich received $45,740 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Crnkovich will have already received $92,852 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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