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DeKalb Times

Friday, April 18, 2025

Former state university employee Boudin paid in $148K to pension fund, could collect $2.62M in retirement

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Former state university employee John Boudin, who retired in January 2016, saved $147,781 toward a pension over 25 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Boudin would collect as much as $2.62 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Boudin received $54,990 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Boudin will have already received $169,969 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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