East Central Reporter

Former state university employee Noel Brodsky, who retired in January 2018, saved $137,686 toward a pension over 30 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Brodsky would collect as much as $2.69 million, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Brodsky received $56,619 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Brodsky will have already received $175,005 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.