South Central Reporter

Former state university employee Cheryl Cameron, who retired in January 2019, saved $27,610 toward a pension over 18 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Cameron would collect as much as $754,165, according to a projection by Local Government Information Services (LGIS), which publishes South Central Reporter.

The projection assumes Cameron received $15,852 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Cameron will have already received $32,180 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.