Former state university employee Gorski paid in $265K to pension fund, could collect $4.18M in retirement

Former state university employee David Gorski, who retired in March 2017, saved $265,007 toward a pension over 32 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Gorski would collect as much as $4.18 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Gorski received $87,890 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Gorski will have already received $271,660 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.