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Sangamon Sun

Wednesday, July 23, 2025

Former state university employee Delaney paid in $136K to pension fund, could collect $2.09M in retirement

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Former state university employee Harold Delaney, who retired in January 2016, saved $135,723 toward a pension over 30 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Delaney would collect as much as $2.09 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Delaney received $43,910 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Delaney will have already received $183,703 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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