Dupage Policy Journal

Former state university employee Bonita Nordstrom, who retired in December 2016, saved $33,926 toward a pension over 24 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Nordstrom would collect as much as $823,541, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Nordstrom received $17,310 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Nordstrom will have already received $35,139 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.