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Sangamon Sun

Monday, May 12, 2025

Former state university employee Voyles paid in $31K to pension fund, could collect $625K in retirement

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Former state university employee Sharon Voyles, who retired in August 2018, saved $30,934 toward a pension over 17 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Voyles would collect as much as $625,003, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Voyles received $13,137 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Voyles will have already received $40,605 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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