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Chicago City Wire

Tuesday, August 5, 2025

Former state university employee Marshall paid in $148K to pension fund, could collect $5.04M in retirement

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Former state university employee Marilyn Marshall, who retired in March 2018, saved $148,082 toward a pension over 31 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Marshall would collect as much as $5.04 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Marshall received $105,977 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Marshall will have already received $215,133 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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