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Sangamon Sun

Monday, July 21, 2025

Former state university employee Hess paid in $118K to pension fund, could collect $2M in retirement

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Former state university employee Connie Hess, who retired in May 2017, saved $118,392 toward a pension over 10 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Hess would collect as much as $2 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Hess received $42,058 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Hess will have already received $129,998 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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