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Chicago City Wire

Thursday, October 2, 2025

Former state university employee Moran paid in $30K to pension fund, could collect $1.39M in retirement

Money041

Former state university employee Catherine Moran, who retired in January 2017, saved $30,452 toward a pension over 10 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Moran would collect as much as $1.39 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Moran received $29,136 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Moran will have already received $59,146 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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