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Chicago City Wire

Friday, August 1, 2025

Former state university employee Vitosky paid in $240K to pension fund, could collect $6.1M in retirement

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Former state university employee Joseph Vitosky, who retired in May 2016, saved $240,077 toward a pension over 32 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Vitosky would collect as much as $6.1 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Vitosky received $128,321 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Vitosky will have already received $260,492 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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