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Sangamon Sun

Saturday, April 12, 2025

Former state university employee Dillon paid in $35K to pension fund, could collect $594K in retirement

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Former state university employee Linda Dillon, who retired in January 2016, saved $34,723 toward a pension over 10 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Dillon would collect as much as $593,689, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Dillon received $12,478 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Dillon will have already received $38,568 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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