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Chicago City Wire

Saturday, August 2, 2025

Former state university employee Huhman paid in $46K to pension fund, could collect $697K in retirement

Money 08

Former state university employee Marian Huhman, who retired in July 2016, saved $45,913 toward a pension over 8 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Huhman would collect as much as $696,932, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Huhman received $14,649 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Huhman will have already received $61,285 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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