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Sangamon Sun

Wednesday, July 23, 2025

Former state university employee Hoyland paid in $3K to pension fund, could collect $150K in retirement

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Former state university employee Julia Hoyland, who retired in July 2016, saved $2,699 toward a pension over 1 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Hoyland would collect as much as $150,399, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Hoyland received $3,161 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Hoyland will have already received $3,161 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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