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Sangamon Sun

Wednesday, July 30, 2025

Former state university employee Popp paid in $14K to pension fund, could collect $483K in retirement

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Former state university employee Joseph Popp, who retired in April 2017, saved $14,196 toward a pension over 17 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Popp would collect as much as $482,997, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Popp received $10,152 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Popp will have already received $20,609 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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