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Sangamon Sun

Thursday, October 9, 2025

Former state university employee Kivisto paid in $83K to pension fund, could collect $1.92M in retirement

Money041

Former state university employee Jonna Kivisto, who retired in June 2017, saved $82,864 toward a pension over 29 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Kivisto would collect as much as $1.92 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Kivisto received $40,384 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Kivisto will have already received $124,824 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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