Former state university employee Ezzatkhah Yenggeh paid in $49K to pension fund, could collect $1.17M in retirement

By East Central Reporter Reports

Jul 1, 2017

Former state university employee Karim Ezzatkhah Yenggeh, who retired in June 2017, saved $49,268 toward a pension over 16 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Ezzatkhah Yenggeh would collect as much as $1.17 million, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Ezzatkhah Yenggeh received $24,544 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Ezzatkhah Yenggeh will have already received $49,824 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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Eastern Illinois University

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