Quantcast

Sangamon Sun

Saturday, July 19, 2025

Former state university employee Reznicek paid in $1K to pension fund, could collect $102K in retirement

Money 06

Former state university employee Debra Reznicek, who retired in June 2018, saved $1,237 toward a pension over 1 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Reznicek would collect as much as $102,323, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Reznicek received $2,150 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Reznicek will have already received $2,150 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

MORE NEWS