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Carbondale Reporter

Sunday, May 18, 2025

Former state university employee Brown paid in $20K to pension fund, could collect $285K in retirement

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Former state university employee Daniel Brown, who retired in August 2016, saved $19,928 toward a pension over 5 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Brown would collect as much as $284,698, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.

The projection assumes Brown received $5,984 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Brown will have already received $25,036 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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