Quantcast

DeKalb Times

Saturday, April 19, 2025

Former state university employee Tyree paid in $4K to pension fund, could collect $374K in retirement

Shutterstock 443523118

Former state university employee Darlene Tyree, who retired in February 2017, saved $3,919 toward a pension over 5 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Tyree would collect as much as $374,445, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Tyree received $7,870 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Tyree will have already received $7,870 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

MORE NEWS