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DeKalb Times

Friday, April 18, 2025

Former state university employee Flood paid in $93K to pension fund, could collect $1.88M in retirement

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Former state university employee Sandra Flood, who retired in August 2016, saved $93,443 toward a pension over 27 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Flood would collect as much as $1.88 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Flood received $39,549 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Flood will have already received $122,241 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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