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Sangamon Sun

Wednesday, June 4, 2025

Former state university employee Castellani paid in $5K to pension fund, could collect $105K in retirement

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Former state university employee Daniel Castellani, who retired in April 2018, saved $4,914 toward a pension over 10 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Castellani would collect as much as $104,886, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Castellani received $2,204 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Castellani will have already received $6,812 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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