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Chicago City Wire

Sunday, October 5, 2025

Former state university employee Gokl paid in $30K to pension fund, could collect $1.04M in retirement

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Former state university employee Renate Gokl, who retired in July 2017, saved $29,638 toward a pension over 8 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Gokl would collect as much as $1.04 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Gokl received $21,951 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Gokl will have already received $44,561 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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