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Chicago City Wire

Saturday, June 7, 2025

Former state university employee Rezvanian paid in $208K to pension fund, could collect $4.43M in retirement

Money 02

Former state university employee Rasoul Rezvanian, who retired in September 2016, saved $207,522 toward a pension over 28 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Rezvanian would collect as much as $4.43 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Rezvanian received $93,149 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Rezvanian will have already received $287,913 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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