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Chambana Sun

Tuesday, April 29, 2025

Former state university employee Marcin paid in $26K to pension fund, could collect $378K in retirement

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Former state university employee Marion Marcin, who retired in June 2018, saved $26,012 toward a pension over 10 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Marcin would collect as much as $377,830, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.

The projection assumes Marcin received $7,941 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Marcin will have already received $33,221 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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