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Will County Gazette

Monday, July 14, 2025

Former state university employee White paid in $12K to pension fund, could collect $203K in retirement

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Former state university employee Albert White, who retired in June 2018, saved $11,821 toward a pension over 11 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, White would collect as much as $202,528, according to a projection by Local Government Information Services (LGIS), which publishes Will County Gazette.

The projection assumes White received $4,257 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, White will have already received $13,159 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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