East Central Reporter

Former state university employee Steven Easterday, who retired in August 2016, saved $52,078 toward a pension over 13 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Easterday would collect as much as $884,034, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Easterday received $18,581 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Easterday will have already received $57,431 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.