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Chicago City Wire

Saturday, July 12, 2025

Former state university employee Nakamura paid in $176K to pension fund, could collect $3.15M in retirement

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Former state university employee Susan Nakamura, who retired in November 2018, saved $176,080 toward a pension over 25 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Nakamura would collect as much as $3.15 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Nakamura received $66,288 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Nakamura will have already received $204,890 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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