East Central Reporter

Former state university employee Frank Rook, who retired in January 2018, saved $45,431 toward a pension over 15 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Rook would collect as much as $676,442, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Rook received $14,218 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Rook will have already received $59,484 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.