South Central Reporter

Former state university employee Shelly Kaufman, who retired in April 2017, saved $2,580 toward a pension over 4 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Kaufman would collect as much as $176,952, according to a projection by Local Government Information Services (LGIS), which publishes South Central Reporter.

The projection assumes Kaufman received $3,719 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Kaufman will have already received $3,719 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.