Quantcast

North Cook News

Saturday, May 17, 2025

Former state university employee Hajost paid in $10K to pension fund, could collect $116K in retirement

Shutterstock 262120544

Former state university employee Edward Hajost, who retired in April 2017, saved $10,132 toward a pension over 8 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Hajost would collect as much as $115,825, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.

The projection assumes Hajost received $2,434 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Hajost will have already received $10,182 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS