Quantcast

Chicago City Wire

Monday, July 7, 2025

Former state university employee Epps paid in $36K to pension fund, could collect $738K in retirement

Shutterstock 373239541

Former state university employee Enrico Epps, who retired in June 2016, saved $36,498 toward a pension over 15 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Epps would collect as much as $738,020, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Epps received $15,512 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Epps will have already received $47,945 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

MORE NEWS