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Sangamon Sun

Friday, November 7, 2025

Former state university employee Chen paid in $36K to pension fund, could collect $1.12M in retirement

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Former state university employee Weidong Chen, who retired in June 2017, saved $35,747 toward a pension over 12 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Chen would collect as much as $1.12 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Chen received $23,592 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Chen will have already received $47,892 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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