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DeKalb Times

Saturday, May 10, 2025

Former state university employee Berg paid in $110K to pension fund, could collect $2.48M in retirement

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Former state university employee Sheila Berg, who retired in January 2016, saved $110,467 toward a pension over 30 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Berg would collect as much as $2.48 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Berg received $52,180 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Berg will have already received $161,282 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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