South Central Reporter

Former state university employee Timothy Prodyma, who retired in March 2019, saved $13,220 toward a pension over 13 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Prodyma would collect as much as $221,511, according to a projection by Local Government Information Services (LGIS), which publishes South Central Reporter.

The projection assumes Prodyma received $4,656 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Prodyma will have already received $14,392 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.