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North Cook News

Monday, November 17, 2025

Former state university employee Dominiak paid in $77K to pension fund, could collect $1.41M in retirement

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Former state university employee Daniel Dominiak, who retired in October 2018, saved $77,301 toward a pension over 18 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Dominiak would collect as much as $1.41 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Dominiak received $29,652 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Dominiak will have already received $91,652 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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