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Chicago City Wire

Monday, June 2, 2025

Former state university employee Fleming paid in $74K to pension fund, could collect $1.57M in retirement

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Former state university employee Mary Fleming, who retired in August 2018, saved $74,455 toward a pension over 20 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Fleming would collect as much as $1.57 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Fleming received $32,907 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Fleming will have already received $101,712 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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