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Sangamon Sun

Wednesday, September 17, 2025

Former state university employee Hollis paid in $30K to pension fund, could collect $310K in retirement

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Former state university employee Dawn Hollis, who retired in May 2018, saved $29,575 toward a pension over 12 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Hollis would collect as much as $309,567, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Hollis received $6,506 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 5 years of retirement, Hollis will have already received $34,540 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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