Former state university employee Fildes paid in $4K to pension fund, could collect $168K in retirement

By Rock Island Today Reports

Mar 1, 2017

Former state university employee Terri Fildes, who retired in February 2017, saved $3,754 toward a pension over 6 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Fildes would collect as much as $167,549, according to a projection by Local Government Information Services (LGIS), which publishes Rock Island Today.

The projection assumes Fildes received $3,521 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Fildes will have already received $7,148 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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