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McLean County Times

Friday, July 18, 2025

Former state university employee Deblaey paid in $37K to pension fund, could collect $695K in retirement

Money 05

Former state university employee Carol Deblaey, who retired in November 2017, saved $36,873 toward a pension over 20 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Deblaey would collect as much as $695,259, according to a projection by Local Government Information Services (LGIS), which publishes McLean County Times.

The projection assumes Deblaey received $14,613 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Deblaey will have already received $45,167 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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