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Sangamon Sun

Saturday, October 4, 2025

Former state university employee Kaiser paid in $79K to pension fund, could collect $2.01M in retirement

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Former state university employee Pamela Kaiser, who retired in May 2017, saved $79,017 toward a pension over 32 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Kaiser would collect as much as $2.01 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Kaiser received $42,333 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Kaiser will have already received $85,936 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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