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Rock Island Today

Thursday, October 2, 2025

Former state university employee Johnson paid in $161K to pension fund, could collect $3.52M in retirement

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Former state university employee James Johnson, who retired in January 2019, saved $160,946 toward a pension over 28 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Johnson would collect as much as $3.52 million, according to a projection by Local Government Information Services (LGIS), which publishes Rock Island Today.

The projection assumes Johnson received $74,016 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Johnson will have already received $228,775 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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