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Macon Reporter

Wednesday, April 23, 2025

Former state university employee Buckley paid in $42K to pension fund, could collect $873K in retirement

Money759

Former state university employee Debra Buckley, who retired in March 2017, saved $42,419 toward a pension over 28 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Buckley would collect as much as $873,005, according to a projection by Local Government Information Services (LGIS), which publishes Macon Reporter.

The projection assumes Buckley received $18,349 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Buckley will have already received $56,714 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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