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Chicago City Wire

Monday, July 7, 2025

Former state university employee Williamson paid in $269K to pension fund, could collect $5.63M in retirement

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Former state university employee Donna Williamson, who retired in May 2016, saved $268,973 toward a pension over 27 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Williamson would collect as much as $5.63 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Williamson received $118,427 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Williamson will have already received $366,046 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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