Quantcast

Chambana Sun

Monday, July 21, 2025

Former state university employee Tiedemann paid in $88K to pension fund, could collect $1.82M in retirement

Money 03

Former state university employee Mary Tiedemann, who retired in January 2019, saved $87,519 toward a pension over 32 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Tiedemann would collect as much as $1.82 million, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.

The projection assumes Tiedemann received $38,328 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Tiedemann will have already received $118,468 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS