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Chicago City Wire

Sunday, October 5, 2025

Former state university employee Mullins paid in $30K to pension fund, could collect $400K in retirement

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Former state university employee Kathy Mullins, who retired in June 2017, saved $29,949 toward a pension over 13 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Mullins would collect as much as $400,044, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Mullins received $8,408 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Mullins will have already received $35,176 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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