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Chicago City Wire

Thursday, May 29, 2025

Former state university employee Edmonds paid in $48K to pension fund, could collect $868K in retirement

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Former state university employee Rita Edmonds, who retired in May 2018, saved $48,209 toward a pension over 23 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Edmonds would collect as much as $868,260, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Edmonds received $18,250 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Edmonds will have already received $56,410 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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