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DeKalb Times

Saturday, April 19, 2025

Former state university employee Caudillo paid in $11K to pension fund, could collect $172K in retirement

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Former state university employee Maria Caudillo, who retired in September 2016, saved $11,002 toward a pension over 12 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Caudillo would collect as much as $172,339, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Caudillo received $3,622 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Caudillo will have already received $11,196 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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