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Chambana Sun

Sunday, July 6, 2025

Former state university employee Ryan paid in $145K to pension fund, could collect $2.83M in retirement

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Former state university employee Marilyn Ryan, who retired in May 2017, saved $144,723 toward a pension over 25 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Ryan would collect as much as $2.83 million, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.

The projection assumes Ryan received $59,559 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Ryan will have already received $184,091 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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