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East Central Reporter

Sunday, June 29, 2025

Former state university employee Potts paid in $26K to pension fund, could collect $1.1M in retirement

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Former state university employee Pamela Potts, who retired in June 2017, saved $26,080 toward a pension over 16 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Potts would collect as much as $1.1 million, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Potts received $23,047 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Potts will have already received $46,785 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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