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Kane County Reporter

Wednesday, October 22, 2025

Former state university employee Lackman paid in $6K to pension fund, could collect $87K in retirement

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Former state university employee Patricia Lackman, who retired in August 2017, saved $5,540 toward a pension over 8 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Lackman would collect as much as $87,080, according to a projection by Local Government Information Services (LGIS), which publishes Kane County Reporter.

The projection assumes Lackman received $1,830 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Lackman will have already received $5,657 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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