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McLean County Times

Monday, November 25, 2024

Former state university employee Zawatski paid in $92K to pension fund, could collect $1.75M in retirement

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Former state university employee Donna Zawatski, who retired in June 2016, saved $92,316 toward a pension over 21 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Zawatski would collect as much as $1.75 million, according to a projection by Local Government Information Services (LGIS), which publishes McLean County Times.

The projection assumes Zawatski received $36,709 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Zawatski will have already received $113,463 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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