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Carbondale Reporter

Wednesday, October 1, 2025

Former state university employee Eldridge paid in $41K to pension fund, could collect $766K in retirement

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Former state university employee Emily Eldridge, who retired in January 2016, saved $40,577 toward a pension over 20 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Eldridge would collect as much as $766,354, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.

The projection assumes Eldridge received $16,108 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Eldridge will have already received $49,788 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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