Quantcast

Chambana Sun

Friday, October 3, 2025

Former state university employee Jauhola paid in $61K to pension fund, could collect $1.68M in retirement

Shutterstock 385535740

Former state university employee Barbara Jauhola, who retired in September 2016, saved $61,021 toward a pension over 28 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Jauhola would collect as much as $1.68 million, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.

The projection assumes Jauhola received $35,331 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Jauhola will have already received $71,722 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