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Carbondale Reporter

Thursday, October 2, 2025

Former state university employee Wetstein paid in $81K to pension fund, could collect $1.93M in retirement

Money759

Former state university employee Julia Wetstein, who retired in June 2018, saved $80,586 toward a pension over 21 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Wetstein would collect as much as $1.93 million, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.

The projection assumes Wetstein received $40,481 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Wetstein will have already received $82,176 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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