DeKalb Times

Former state university employee Ernest Hurley, who retired in December 2016, saved $34,856 toward a pension over 14 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Hurley would collect as much as $620,636, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.

The projection assumes Hurley received $13,045 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Hurley will have already received $40,320 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.