Champion News | 10 Things You Probably Don’t Know About IL State Pensions
3. Less than 1% of state retirees worked 40 years.
If you work in the private sector from age 22 to 62 and retire on early Social Security at a maximum of $22,000 you will have worked 40 years.
It is extremely rare for state workers to work that long in spite of the large pensions.
In fact the Top 100 Pensions average only 31 years work in IL for their average $227,000 pension.
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