Quantcast

Sangamon Sun

Tuesday, September 16, 2025

Former state university employee Bryant paid in $69K to pension fund, could collect $1.56M in retirement

Money041

Former state university employee Karen Bryant, who retired in January 2016, saved $68,656 toward a pension over 30 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Bryant would collect as much as $1.56 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Bryant received $32,691 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Bryant will have already received $101,045 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

MORE NEWS