South Central Reporter

Former state university employee Malia Boozer, who retired in June 2016, saved $80,592 toward a pension over 32 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Boozer would collect as much as $1.92 million, according to a projection by Local Government Information Services (LGIS), which publishes South Central Reporter.

The projection assumes Boozer received $40,284 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Boozer will have already received $81,777 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.