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Sangamon Sun

Friday, October 10, 2025

Former state university employee Lynn paid in $53K to pension fund, could collect $958K in retirement

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Former state university employee Patricia Lynn, who retired in June 2018, saved $53,346 toward a pension over 21 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Lynn would collect as much as $958,423, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Lynn received $20,145 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Lynn will have already received $62,265 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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