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Rock Island Today

Thursday, July 17, 2025

Former state university employee Hawry paid in $53K to pension fund, could collect $1.11M in retirement

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Former state university employee John Hawry, who retired in July 2016, saved $52,841 toward a pension over 25 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Hawry would collect as much as $1.11 million, according to a projection by Local Government Information Services (LGIS), which publishes Rock Island Today.

The projection assumes Hawry received $23,404 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Hawry will have already received $72,339 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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