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DeKalb Times

Sunday, June 22, 2025

Former state university employee Choice paid in $256K to pension fund, could collect $7.02M in retirement

Money041

Former state university employee Thomas Choice, who retired in January 2016, saved $255,531 toward a pension over 31 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Choice would collect as much as $7.02 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Choice received $147,578 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Choice will have already received $299,583 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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