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Metro East Sun

Thursday, September 11, 2025

Former state university employee Rooney paid in $105K to pension fund, could collect $2.67M in retirement

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Former state university employee Andrew Rooney, who retired in December 2017, saved $104,555 toward a pension over 29 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Rooney would collect as much as $2.67 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.

The projection assumes Rooney received $56,018 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Rooney will have already received $113,717 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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