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Chicago City Wire

Wednesday, August 6, 2025

Former state university employee Booth paid in $169K to pension fund, could collect $4.01M in retirement

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Former state university employee Robert Booth, who retired in January 2018, saved $169,234 toward a pension over 33 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Booth would collect as much as $4.01 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Booth received $84,342 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Booth will have already received $171,214 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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