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Chambana Sun

Monday, July 21, 2025

Former state university employee Koblyakov paid in $40K to pension fund, could collect $855K in retirement

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Former state university employee Lev Koblyakov, who retired in September 2018, saved $40,082 toward a pension over 20 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Koblyakov would collect as much as $855,055, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.

The projection assumes Koblyakov received $17,972 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Koblyakov will have already received $55,549 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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