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Chicago City Wire

Monday, July 7, 2025

Former state university employee Brodsky paid in $75K to pension fund, could collect $2.22M in retirement

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Former state university employee Irwin Brodsky, who retired in June 2016, saved $74,937 toward a pension over 9 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Brodsky would collect as much as $2.22 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Brodsky received $46,749 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Brodsky will have already received $94,900 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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