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Chicago City Wire

Tuesday, August 5, 2025

Former state university employee Leming paid in $126K to pension fund, could collect $2.92M in retirement

Money272

Former state university employee Ruth Leming, who retired in May 2018, saved $126,126 toward a pension over 29 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Leming would collect as much as $2.92 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Leming received $61,400 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Leming will have already received $189,781 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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