West Central Reporter

Former state university employee Ada MacIas, who retired in June 2016, saved $105,555 toward a pension over 26 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, MacIas would collect as much as $2.17 million, according to a projection by Local Government Information Services (LGIS), which publishes West Central Reporter.

The projection assumes MacIas received $45,665 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, MacIas will have already received $141,146 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.