Dupage Policy Journal

Former state university employee Diane McHugh, who retired in September 2016, saved $94,347 toward a pension over 26 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, McHugh would collect as much as $2.05 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes McHugh received $43,101 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, McHugh will have already received $133,221 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.