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Chicago City Wire

Tuesday, August 5, 2025

Former state university employee Starr paid in $5K to pension fund, could collect $42K in retirement

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Former state university employee Renea Starr, who retired in March 2017, saved $4,649 toward a pension over 2 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Starr would collect as much as $42,429, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Starr received $891 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 5 years of retirement, Starr will have already received $4,732 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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