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Chicago City Wire

Thursday, July 3, 2025

Former state university employee Delgado paid in $195K to pension fund, could collect $4.72M in retirement

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Former state university employee Elizabeth Delgado, who retired in June 2016, saved $194,546 toward a pension over 30 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Delgado would collect as much as $4.72 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Delgado received $99,276 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Delgado will have already received $201,530 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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