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North Cook News

Wednesday, June 18, 2025

Former state university employee Kruczinski paid in $120K to pension fund, could collect $2.93M in retirement

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Former state university employee Susan Kruczinski, who retired in December 2016, saved $120,015 toward a pension over 33 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Kruczinski would collect as much as $2.93 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Kruczinski received $61,531 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Kruczinski will have already received $124,908 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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