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Chicago City Wire

Saturday, October 4, 2025

Former state university employee Talavera paid in $35K to pension fund, could collect $516K in retirement

Money 02

Former state university employee Maria Talavera, who retired in September 2016, saved $35,077 toward a pension over 14 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Talavera would collect as much as $515,704, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Talavera received $10,839 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Talavera will have already received $45,346 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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