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Chicago City Wire

Wednesday, July 9, 2025

Former state university employee Turner paid in $7K to pension fund, could collect $51K in retirement

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Former state university employee Frances Turner, who retired in July 2017, saved $6,975 toward a pension over 1 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Turner would collect as much as $51,381, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Turner received $1,080 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 6 years of retirement, Turner will have already received $6,980 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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