West Central Reporter

Former state university employee Susan Dagit, who retired in October 2016, saved $34,211 toward a pension over 7 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Dagit would collect as much as $531,055, according to a projection by Local Government Information Services (LGIS), which publishes West Central Reporter.

The projection assumes Dagit received $11,162 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Dagit will have already received $34,501 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.