Quantcast

Carbondale Reporter

Thursday, October 2, 2025

Former state university employee Moore paid in $63K to pension fund, could collect $1.16M in retirement

Money 05

Former state university employee Dawn Moore, who retired in January 2019, saved $62,820 toward a pension over 27 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Moore would collect as much as $1.16 million, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.

The projection assumes Moore received $24,396 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Moore will have already received $75,406 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

MORE NEWS