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Chicago City Wire

Saturday, May 24, 2025

Former state university employee Clemons paid in $2K to pension fund, could collect $125K in retirement

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Former state university employee Debra Clemons, who retired in August 2016, saved $1,874 toward a pension over 1 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Clemons would collect as much as $125,233, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Clemons received $2,632 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Clemons will have already received $2,632 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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