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Chicago City Wire

Saturday, May 24, 2025

Former state university employee Fowler paid in $346K to pension fund, could collect $7.33M in retirement

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Former state university employee Susan Fowler, who retired in January 2016, saved $345,876 toward a pension over 27 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Fowler would collect as much as $7.33 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Fowler received $154,106 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Fowler will have already received $476,326 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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