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Illinois Valley Times

Monday, April 28, 2025

Former state university employee Isermann paid in $166K to pension fund, could collect $4.18M in retirement

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Former state university employee Susan Isermann, who retired in August 2016, saved $165,525 toward a pension over 34 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Isermann would collect as much as $4.18 million, according to a projection by Local Government Information Services (LGIS), which publishes Illinois Valley Times.

The projection assumes Isermann received $87,900 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Isermann will have already received $178,437 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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