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Chicago City Wire

Monday, July 28, 2025

Former state university employee Ahasic paid in $76K to pension fund, could collect $1.26M in retirement

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Former state university employee Thomas Ahasic, who retired in January 2016, saved $75,579 toward a pension over 21 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Ahasic would collect as much as $1.26 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Ahasic received $26,537 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Ahasic will have already received $82,023 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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