Quantcast

Dupage Policy Journal

Saturday, August 23, 2025

Former state university employee Kelsey paid in $1K to pension fund, could collect $68K in retirement

Money 08

Former state university employee Susan Kelsey, who retired in September 2017, saved $1,106 toward a pension over 2 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Kelsey would collect as much as $67,549, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Kelsey received $1,419 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Kelsey will have already received $1,419 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

MORE NEWS