Quantcast

North Cook News

Monday, November 17, 2025

Former state university employee Top Rhine paid in $99K to pension fund, could collect $1.68M in retirement

Money 06

Former state university employee Denise Top Rhine, who retired in August 2018, saved $99,302 toward a pension over 15 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Top Rhine would collect as much as $1.68 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Top Rhine received $35,343 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Top Rhine will have already received $109,241 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

MORE NEWS