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Chicago City Wire

Thursday, July 3, 2025

Former state university employee Rush paid in $125K to pension fund, could collect $2.94M in retirement

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Former state university employee Samuel Rush, who retired in June 2016, saved $125,165 toward a pension over 30 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Rush would collect as much as $2.94 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Rush received $61,725 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Rush will have already received $125,302 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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