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West Central Reporter

Tuesday, April 29, 2025

Former state university employee Diehl paid in $177K to pension fund, could collect $4.06M in retirement

Money272

Former state university employee Virginia Diehl, who retired in July 2018, saved $176,826 toward a pension over 31 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Diehl would collect as much as $4.06 million, according to a projection by Local Government Information Services (LGIS), which publishes West Central Reporter.

The projection assumes Diehl received $85,359 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Diehl will have already received $263,837 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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