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Sangamon Sun

Saturday, April 19, 2025

Former state university employee Deckert paid in $47K to pension fund, could collect $1.07M in retirement

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Former state university employee Ethlyn Deckert, who retired in July 2018, saved $47,256 toward a pension over 18 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Deckert would collect as much as $1.07 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Deckert received $22,459 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Deckert will have already received $69,419 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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