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Chambana Sun

Monday, July 21, 2025

Former state university employee Wilson paid in $155K to pension fund, could collect $3.94M in retirement

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Former state university employee David Wilson, who retired in September 2018, saved $154,987 toward a pension over 31 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Wilson would collect as much as $3.94 million, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.

The projection assumes Wilson received $82,783 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Wilson will have already received $168,049 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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