Quantcast

Chicago City Wire

Thursday, October 2, 2025

Former state university employee Leyva paid in $39K to pension fund, could collect $1.91M in retirement

Shutterstock 267646277

Former state university employee Linda Leyva, who retired in January 2018, saved $38,810 toward a pension over 22 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Leyva would collect as much as $1.91 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Leyva received $40,135 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Leyva will have already received $40,135 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS