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Dupage Policy Journal

Sunday, August 24, 2025

Former state university employee White paid in $5K to pension fund, could collect $287K in retirement

Money041

Former state university employee Gary White, who retired in May 2016, saved $5,429 toward a pension over 3 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, White would collect as much as $287,382, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes White received $6,040 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, White will have already received $6,040 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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