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Chicago City Wire

Saturday, May 24, 2025

Former state university employee Mankovskaya paid in $23K to pension fund, could collect $359K in retirement

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Former state university employee Irina Mankovskaya, who retired in August 2016, saved $22,558 toward a pension over 7 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Mankovskaya would collect as much as $358,619, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Mankovskaya received $7,537 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Mankovskaya will have already received $23,296 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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