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Chicago City Wire

Wednesday, July 9, 2025

Former state university employee Kendall paid in $98K to pension fund, could collect $2.22M in retirement

Money 07

Former state university employee Darlene Kendall, who retired in May 2017, saved $98,469 toward a pension over 28 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Kendall would collect as much as $2.22 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Kendall received $46,628 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Kendall will have already received $144,123 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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