East Central Reporter

Former state university employee Anne Youakim, who retired in April 2016, saved $8,081 toward a pension over 5 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Youakim would collect as much as $114,489, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.

The projection assumes Youakim received $2,406 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Youakim will have already received $10,065 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.