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Galesburg Reporter

Sunday, July 20, 2025

Former state university employee Johnson paid in $4K to pension fund, could collect $152K in retirement

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Former state university employee Timothy Johnson, who retired in June 2017, saved $4,498 toward a pension over 1 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Johnson would collect as much as $152,414, according to a projection by Local Government Information Services (LGIS), which publishes Galesburg Reporter.

The projection assumes Johnson received $3,203 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Johnson will have already received $6,502 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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