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Chicago City Wire

Sunday, May 25, 2025

Former state university employee Esakia paid in $15K to pension fund, could collect $442K in retirement

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Former state university employee Elvira Esakia, who retired in October 2017, saved $14,803 toward a pension over 5 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Esakia would collect as much as $442,006, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Esakia received $9,290 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Esakia will have already received $18,859 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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