Former state university employee Bohlen paid in $11K to pension fund, could collect $275K in retirement

By Local Labs News Service

Feb 1, 2018

Former state university employee Rebecca Bohlen, who retired in January 2018, saved $10,586 toward a pension over 19 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Bohlen would collect as much as $274,548, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.

The projection assumes Bohlen received $5,770 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Bohlen will have already received $11,713 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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Lewis And Clark Community College

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