South Central Reporter

Former state university employee Ronald Campo, who retired in February 2016, saved $1,740 toward a pension over 8 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Campo would collect as much as $22,025, according to a projection by Local Government Information Services (LGIS), which publishes South Central Reporter.

The projection assumes Campo received $462 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Campo will have already received $1,933 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.