West Central Reporter

Former state university employee Terry Fecht, who retired in July 2016, saved $20,102 toward a pension over 20 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Fecht would collect as much as $600,072, according to a projection by Local Government Information Services (LGIS), which publishes West Central Reporter.

The projection assumes Fecht received $12,613 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Fecht will have already received $25,604 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.