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Sangamon Sun

Wednesday, June 4, 2025

Former state university employee Hengtgen paid in $128K to pension fund, could collect $2.22M in retirement

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Former state university employee William Hengtgen, who retired in August 2018, saved $127,783 toward a pension over 22 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Hengtgen would collect as much as $2.22 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Hengtgen received $46,620 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Hengtgen will have already received $144,099 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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