East Central Reporter

Former state university employee David Hall, who retired in January 2016, saved $41,073 toward a pension over 19 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Hall would collect as much as $1.3 million, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Hall received $27,355 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Hall will have already received $55,531 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.