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DeKalb Times

Friday, May 9, 2025

Former state university employee Fulmer paid in $42K to pension fund, could collect $2.03M in retirement

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Former state university employee Connie Fulmer, who retired in July 2016, saved $41,967 toward a pension over 10 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Fulmer would collect as much as $2.03 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Fulmer received $42,707 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Fulmer will have already received $42,707 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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