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Sangamon Sun

Sunday, October 5, 2025

Former state university employee Conley paid in $11K to pension fund, could collect $106K in retirement

Money 02

Former state university employee Dixie Conley, who retired in August 2016, saved $10,886 toward a pension over 8 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Conley would collect as much as $105,577, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Conley received $2,219 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 5 years of retirement, Conley will have already received $11,785 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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