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Sangamon Sun

Wednesday, July 23, 2025

Former state university employee Vineyard paid in $195K to pension fund, could collect $2.75M in retirement

Money 07

Former state university employee Judith Vineyard, who retired in September 2016, saved $194,532 toward a pension over 32 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Vineyard would collect as much as $2.75 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Vineyard received $57,725 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Vineyard will have already received $241,501 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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