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Chicago City Wire

Sunday, May 4, 2025

Former state university employee Glenn paid in $7K to pension fund, could collect $176K in retirement

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Former state university employee Kathleen Glenn, who retired in April 2017, saved $6,683 toward a pension over 6 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Glenn would collect as much as $175,610, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Glenn received $3,691 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Glenn will have already received $7,493 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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