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Chambana Sun

Monday, August 4, 2025

Former state university employee Felkner paid in $45K to pension fund, could collect $1.27M in retirement

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Former state university employee Annette Felkner, who retired in December 2018, saved $45,328 toward a pension over 30 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Felkner would collect as much as $1.27 million, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.

The projection assumes Felkner received $26,664 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Felkner will have already received $54,128 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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