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Chicago City Wire

Saturday, August 2, 2025

Former state university employee Blakely paid in $29K to pension fund, could collect $448K in retirement

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Former state university employee Belva Blakely, who retired in June 2018, saved $29,117 toward a pension over 14 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Blakely would collect as much as $448,006, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Blakely received $9,416 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Blakely will have already received $39,392 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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