South Central Reporter

Former state university employee William Tucker, who retired in June 2017, saved $4,445 toward a pension over 8 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Tucker would collect as much as $82,118, according to a projection by Local Government Information Services (LGIS), which publishes South Central Reporter.

The projection assumes Tucker received $1,726 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Tucker will have already received $5,335 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.