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DeKalb Times

Friday, October 3, 2025

Former state university employee Eaton paid in $138K to pension fund, could collect $2.6M in retirement

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Former state university employee Shevawn Eaton, who retired in January 2019, saved $138,468 toward a pension over 25 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Eaton would collect as much as $2.6 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Eaton received $54,588 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Eaton will have already received $168,727 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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