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Chicago City Wire

Tuesday, September 23, 2025

Former state university employee Janulis paid in $188K to pension fund, could collect $3.73M in retirement

Money 05

Former state university employee Jeffrey Janulis, who retired in May 2016, saved $188,461 toward a pension over 31 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Janulis would collect as much as $3.73 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Janulis received $78,359 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Janulis will have already received $242,200 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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