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Macon Reporter

Tuesday, November 18, 2025

Former state university employee Ferrill paid in $140K to pension fund, could collect $3.8M in retirement

Money 01

Former state university employee Chris Ferrill, who retired in June 2017, saved $140,131 toward a pension over 27 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Ferrill would collect as much as $3.8 million, according to a projection by Local Government Information Services (LGIS), which publishes Macon Reporter.

The projection assumes Ferrill received $79,778 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Ferrill will have already received $161,949 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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