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Carbondale Reporter

Saturday, April 19, 2025

Former state university employee Clemons paid in $19K to pension fund, could collect $443K in retirement

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Former state university employee John Clemons, who retired in January 2016, saved $19,422 toward a pension over 17 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Clemons would collect as much as $443,279, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.

The projection assumes Clemons received $9,317 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Clemons will have already received $28,799 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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