Dupage Policy Journal

Former state university employee Jeanne Kempiak, who retired in September 2018, saved $178,258 toward a pension over 29 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Kempiak would collect as much as $4.41 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Kempiak received $92,673 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Kempiak will have already received $188,126 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.