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Carbondale Reporter

Thursday, October 2, 2025

Former state university employee Chugh paid in $173K to pension fund, could collect $6.73M in retirement

Money 03

Former state university employee Yoginder Chugh, who retired in January 2016, saved $173,465 toward a pension over 16 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Chugh would collect as much as $6.73 million, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.

The projection assumes Chugh received $141,358 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Chugh will have already received $286,957 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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