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Carbondale Reporter

Sunday, April 20, 2025

Former state university employee Saville paid in $74K to pension fund, could collect $2.43M in retirement

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Former state university employee Thomas Saville, who retired in January 2016, saved $73,958 toward a pension over 22 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Saville would collect as much as $2.43 million, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.

The projection assumes Saville received $51,000 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Saville will have already received $103,530 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.

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