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Carbondale Reporter

Monday, April 21, 2025

Former state university employee Etters paid in $18K to pension fund, could collect $256K in retirement

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Former state university employee Mark Etters, who retired in January 2016, saved $18,281 toward a pension over 5 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Etters would collect as much as $255,948, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.

The projection assumes Etters received $5,379 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Etters will have already received $22,502 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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