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Chicago City Wire

Sunday, May 25, 2025

Former state university employee Reyes paid in $3K to pension fund, could collect $181K in retirement

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Former state university employee Jesus Reyes, who retired in September 2017, saved $2,753 toward a pension over 1 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Reyes would collect as much as $180,805, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Reyes received $3,800 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Reyes will have already received $3,800 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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