DeKalb Times

Former state university employee Nancy Keiser, who retired in January 2016, saved $16,133 toward a pension over 5 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Keiser would collect as much as $789,253, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Keiser received $16,589 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Keiser will have already received $16,589 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.