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Carbondale Reporter

Thursday, October 2, 2025

Former state university employee Parker Clark paid in $38K to pension fund, could collect $499K in retirement

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Former state university employee Michelle Parker Clark, who retired in March 2017, saved $37,890 toward a pension over 17 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Parker Clark would collect as much as $498,662, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.

The projection assumes Parker Clark received $10,481 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Parker Clark will have already received $43,848 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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