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East Central Reporter

Friday, June 20, 2025

Former state university employee Blumer paid in $3K to pension fund, could collect $52K in retirement

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Former state university employee Lorraine Blumer, who retired in September 2016, saved $2,993 toward a pension over 8 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Blumer would collect as much as $51,518, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Blumer received $1,082 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Blumer will have already received $3,343 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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