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Chambana Sun

Monday, July 21, 2025

Former state university employee Kagawa paid in $12K to pension fund, could collect $229K in retirement

Money 06

Former state university employee Laura Kagawa, who retired in August 2018, saved $12,101 toward a pension over 5 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Kagawa would collect as much as $228,675, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.

The projection assumes Kagawa received $4,806 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Kagawa will have already received $14,855 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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