East Central Reporter

Former state university employee Carol Boroughs, who retired in June 2016, saved $39,025 toward a pension over 16 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Boroughs would collect as much as $772,371, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Boroughs received $16,234 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Boroughs will have already received $50,178 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.