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Sangamon Sun

Wednesday, July 23, 2025

Former state university employee Krasnyanski paid in $19K to pension fund, could collect $434K in retirement

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Former state university employee Sergei Krasnyanski, who retired in May 2016, saved $19,132 toward a pension over 8 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Krasnyanski would collect as much as $433,756, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Krasnyanski received $9,117 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Krasnyanski will have already received $28,181 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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