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Chicago City Wire

Tuesday, May 27, 2025

Former state university employee Meadows paid in $60K to pension fund, could collect $1.22M in retirement

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Former state university employee Mark Meadows, who retired in January 2018, saved $59,979 toward a pension over 24 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Meadows would collect as much as $1.22 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Meadows received $25,707 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Meadows will have already received $79,457 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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