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Sangamon Sun

Saturday, July 19, 2025

Former state university employee Ford paid in $221K to pension fund, could collect $8.12M in retirement

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Former state university employee Susan Ford, who retired in July 2017, saved $221,325 toward a pension over 36 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Ford would collect as much as $8.12 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Ford received $170,664 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Ford will have already received $346,448 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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