East Central Reporter

Former state university employee Marjorie Thennes, who retired in August 2016, saved $48,421 toward a pension over 22 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Thennes would collect as much as $945,527, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Thennes received $19,874 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Thennes will have already received $61,428 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.