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Sangamon Sun

Friday, October 10, 2025

Former state university employee Absher paid in $44K to pension fund, could collect $1.31M in retirement

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Former state university employee Jennie Absher, who retired in June 2018, saved $43,515 toward a pension over 26 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Absher would collect as much as $1.31 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Absher received $27,492 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Absher will have already received $55,809 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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