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South Cook News

Tuesday, June 17, 2025

Former state university employee Toth paid in $59K to pension fund, could collect $1.22M in retirement

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Former state university employee Patricia Toth, who retired in January 2017, saved $58,672 toward a pension over 24 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Toth would collect as much as $1.22 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.

The projection assumes Toth received $25,671 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Toth will have already received $79,346 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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