East Central Reporter

Former state university employee James Pattenaude, who retired in June 2018, saved $1,747 toward a pension over 1 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Pattenaude would collect as much as $126,392, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Pattenaude received $2,656 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Pattenaude will have already received $2,656 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.