Carbondale Reporter

Former state university employee Terry Jones, who retired in January 2016, saved $34,028 toward a pension over 13 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Jones would collect as much as $603,612, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.

The projection assumes Jones received $12,687 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Jones will have already received $39,215 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.