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Chambana Sun

Thursday, June 26, 2025

Former state university employee Ball paid in $74K to pension fund, could collect $2.01M in retirement

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Former state university employee Sharon Ball, who retired in March 2016, saved $74,042 toward a pension over 31 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Ball would collect as much as $2.01 million, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.

The projection assumes Ball received $42,158 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Ball will have already received $85,581 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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