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Carbondale Reporter

Monday, April 21, 2025

Former state university employee Chrestopoulos paid in $2K to pension fund, could collect $83K in retirement

Money 06

Former state university employee Dianne Chrestopoulos, who retired in January 2016, saved $2,400 toward a pension over 1 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Chrestopoulos would collect as much as $82,712, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.

The projection assumes Chrestopoulos received $1,738 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Chrestopoulos will have already received $3,528 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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