Quantcast

Chambana Sun

Tuesday, April 8, 2025

Former state university employee Rhee paid in $3K to pension fund, could collect $108K in retirement

Shutterstock 369740408

Former state university employee Hiroko Rhee, who retired in February 2016, saved $3,463 toward a pension over 4 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Rhee would collect as much as $108,346, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.

The projection assumes Rhee received $2,277 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Rhee will have already received $4,622 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS