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Kane County Reporter

Saturday, May 17, 2025

Former state university employee Harrison paid in $143K to pension fund, could collect $3.07M in retirement

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Former state university employee Alan Harrison, who retired in September 2018, saved $143,488 toward a pension over 26 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Harrison would collect as much as $3.07 million, according to a projection by Local Government Information Services (LGIS), which publishes Kane County Reporter.

The projection assumes Harrison received $64,547 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Harrison will have already received $199,507 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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