East Central Reporter

Former state university employee Linda Barter, who retired in August 2016, saved $73,585 toward a pension over 26 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Barter would collect as much as $1.5 million, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Barter received $31,425 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Barter will have already received $97,132 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.