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South Cook News

Wednesday, May 21, 2025

Former state university employee Cooper paid in $88K to pension fund, could collect $2.47M in retirement

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Former state university employee Leslie Cooper, who retired in August 2018, saved $88,231 toward a pension over 35 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Cooper would collect as much as $2.47 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.

The projection assumes Cooper received $52,005 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Cooper will have already received $105,570 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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