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Sangamon Sun

Sunday, June 8, 2025

Former state university employee Rothe paid in $190K to pension fund, could collect $3.86M in retirement

Money 07

Former state university employee Michael Rothe, who retired in October 2017, saved $189,755 toward a pension over 29 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Rothe would collect as much as $3.86 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Rothe received $81,141 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Rothe will have already received $250,798 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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