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Sangamon Sun

Friday, October 10, 2025

Former state university employee Egel paid in $107K to pension fund, could collect $1.61M in retirement

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Former state university employee Patricia Egel, who retired in January 2016, saved $106,690 toward a pension over 31 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Egel would collect as much as $1.61 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Egel received $33,780 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Egel will have already received $141,322 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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