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Sangamon Sun

Sunday, July 20, 2025

Former state university employee Wethington paid in $83K to pension fund, could collect $1.75M in retirement

Money041

Former state university employee Laura Wethington, who retired in October 2018, saved $82,503 toward a pension over 30 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Wethington would collect as much as $1.75 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Wethington received $36,785 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Wethington will have already received $113,700 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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