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Chicago City Wire

Saturday, August 2, 2025

Former state university employee White paid in $6K to pension fund, could collect $131K in retirement

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Former state university employee Kay White, who retired in August 2018, saved $6,414 toward a pension over 8 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, White would collect as much as $131,308, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes White received $2,760 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, White will have already received $8,531 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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