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Sangamon Sun

Monday, April 21, 2025

Former state university employee Barrows paid in $167K to pension fund, could collect $3.47M in retirement

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Former state university employee David Barrows, who retired in May 2017, saved $167,248 toward a pension over 25 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Barrows would collect as much as $3.47 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Barrows received $72,999 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Barrows will have already received $225,633 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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