Dupage Policy Journal

Former state university employee Curt Cechowicz, who retired in January 2016, saved $20,187 toward a pension over 20 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Cechowicz would collect as much as $447,292, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Cechowicz received $9,401 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Cechowicz will have already received $29,057 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.