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Chicago City Wire

Saturday, June 7, 2025

Former state university employee Toomey paid in $10K to pension fund, could collect $75K in retirement

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Former state university employee Mirtha Toomey, who retired in September 2017, saved $10,329 toward a pension over 3 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Toomey would collect as much as $75,359, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Toomey received $1,584 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 7 years of retirement, Toomey will have already received $12,138 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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