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Dupage Policy Journal

Sunday, August 17, 2025

Former state university employee Nash paid in $15K to pension fund, could collect $473K in retirement

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Former state university employee Jesse Nash, who retired in January 2016, saved $14,677 toward a pension over 9 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Nash would collect as much as $472,823, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Nash received $9,938 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Nash will have already received $20,174 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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