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Chicago City Wire

Tuesday, August 5, 2025

Former state university employee Hess paid in $8K to pension fund, could collect $121K in retirement

Money 08

Former state university employee Sondra Hess, who retired in April 2017, saved $8,365 toward a pension over 5 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Hess would collect as much as $120,677, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Hess received $2,536 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Hess will have already received $10,609 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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