Quantcast

Chicago City Wire

Saturday, August 2, 2025

Former state university employee Cichowski paid in $4K to pension fund, could collect $25K in retirement

Shutterstock 434242897

Former state university employee Stanley Cichowski, who retired in June 2016, saved $3,931 toward a pension over 4 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Cichowski would collect as much as $25,188, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Cichowski received $529 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 7 years of retirement, Cichowski will have already received $4,052 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

MORE NEWS