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Chicago City Wire

Saturday, August 2, 2025

Former state university employee Eckstein paid in $12K to pension fund, could collect $325K in retirement

Money 03

Former state university employee Lynn Eckstein, who retired in July 2016, saved $12,115 toward a pension over 4 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Eckstein would collect as much as $324,679, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Eckstein received $6,824 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Eckstein will have already received $13,853 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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