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Chambana Sun

Saturday, October 4, 2025

Former state university employee Pridemore paid in $45K to pension fund, could collect $1.41M in retirement

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Former state university employee Kelly Pridemore, who retired in May 2017, saved $45,142 toward a pension over 31 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Pridemore would collect as much as $1.41 million, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.

The projection assumes Pridemore received $29,656 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Pridemore will have already received $60,202 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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