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Chicago City Wire

Wednesday, August 6, 2025

Former state university employee Stahl paid in $187K to pension fund, could collect $2.87M in retirement

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Former state university employee Michael Wayne Stahl, who retired in May 2017, saved $187,480 toward a pension over 23 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Stahl would collect as much as $2.87 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Stahl received $60,345 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Stahl will have already received $252,461 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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