West Central Reporter

Former state university employee Andrea Hanna, who retired in June 2016, saved $54,685 toward a pension over 22 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Hanna would collect as much as $928,320, according to a projection by Local Government Information Services (LGIS), which publishes West Central Reporter.

The projection assumes Hanna received $19,512 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Hanna will have already received $60,309 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.