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Chicago City Wire

Wednesday, August 6, 2025

Former state university employee Heisey paid in $71K to pension fund, could collect $1.43M in retirement

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Former state university employee Tonia Heisey, who retired in May 2017, saved $70,755 toward a pension over 28 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Heisey would collect as much as $1.43 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Heisey received $30,006 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Heisey will have already received $92,745 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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