Dupage Policy Journal

Former state university employee John Sygielski, who retired in February 2017, saved $38,758 toward a pension over 9 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Sygielski would collect as much as $1.58 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Sygielski received $33,153 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Sygielski will have already received $67,301 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.