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Chicago City Wire

Wednesday, July 9, 2025

Former state university employee Cunningham paid in $82K to pension fund, could collect $1.39M in retirement

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Former state university employee Maurice Cunningham, who retired in August 2017, saved $82,492 toward a pension over 20 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Cunningham would collect as much as $1.39 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Cunningham received $29,155 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Cunningham will have already received $90,116 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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