Kane County Reporter

Former state university employee David Randall, who retired in January 2016, saved $115,689 toward a pension over 29 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Randall would collect as much as $3.65 million, according to a projection by Local Government Information Services (LGIS), which publishes Kane County Reporter.

The projection assumes Randall received $76,623 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Randall will have already received $155,545 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.