Quantcast

Chicago City Wire

Saturday, October 4, 2025

Former state university employee Andry paid in $10K to pension fund, could collect $158K in retirement

Money 03

Former state university employee Mamie Andry, who retired in January 2018, saved $9,592 toward a pension over 6 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Andry would collect as much as $158,140, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Andry received $3,324 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Andry will have already received $10,275 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

MORE NEWS