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Kane County Reporter

Saturday, May 17, 2025

Former state university employee Weedman paid in $92K to pension fund, could collect $1.92M in retirement

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Former state university employee Pamela Weedman, who retired in June 2016, saved $92,037 toward a pension over 26 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Weedman would collect as much as $1.92 million, according to a projection by Local Government Information Services (LGIS), which publishes Kane County Reporter.

The projection assumes Weedman received $40,277 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Weedman will have already received $124,492 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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