Former state university employee Kimbra Spencer, who retired in July 2016, saved $62,095 toward a pension over 5 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Spencer would collect as much as $485,617, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.

The projection assumes Spencer received $10,207 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 6 years of retirement, Spencer will have already received $66,022 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.