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Saturday, October 25, 2025

Former state university employee Goudreau paid in $182K to pension fund, could collect $3.8M in retirement

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Former state university employee Kim Goudreau, who retired in June 2017, saved $181,661 toward a pension over 31 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Goudreau would collect as much as $3.8 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Goudreau received $79,834 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Goudreau will have already received $246,759 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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