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Sangamon Sun

Friday, June 6, 2025

Former state university employee Sedlak paid in $39K to pension fund, could collect $728K in retirement

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Former state university employee Carol Sedlak, who retired in May 2017, saved $38,592 toward a pension over 16 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Sedlak would collect as much as $727,818, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Sedlak received $15,298 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Sedlak will have already received $47,285 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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