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Chicago City Wire

Friday, August 1, 2025

Former state university employee Tuggle paid in $95K to pension fund, could collect $2.69M in retirement

Money 07

Former state university employee Kathleen Tuggle, who retired in September 2018, saved $94,868 toward a pension over 34 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Tuggle would collect as much as $2.69 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Tuggle received $56,459 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Tuggle will have already received $114,612 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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