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Chambana Sun

Saturday, October 4, 2025

Former state university employee Broadrick paid in $62K to pension fund, could collect $1.16M in retirement

Money 08

Former state university employee Debbie Broadrick, who retired in May 2017, saved $62,076 toward a pension over 20 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Broadrick would collect as much as $1.16 million, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.

The projection assumes Broadrick received $24,360 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Broadrick will have already received $75,295 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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