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Sangamon Sun

Wednesday, July 30, 2025

Former state university employee Heitmann paid in $83K to pension fund, could collect $1.22M in retirement

Money 05

Former state university employee Mary Heitmann, who retired in June 2018, saved $82,797 toward a pension over 17 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Heitmann would collect as much as $1.22 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Heitmann received $25,675 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Heitmann will have already received $107,413 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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