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Macon Reporter

Wednesday, April 23, 2025

Former state university employee Gregory paid in $79K to pension fund, could collect $1.1M in retirement

Money 03

Former state university employee Lisa Gregory, who retired in March 2017, saved $79,051 toward a pension over 11 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Gregory would collect as much as $1.1 million, according to a projection by Local Government Information Services (LGIS), which publishes Macon Reporter.

The projection assumes Gregory received $23,021 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Gregory will have already received $96,312 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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