Dupage Policy Journal

Former state university employee John Cebula, who retired in January 2018, saved $12,325 toward a pension over 12 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Cebula would collect as much as $192,623, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Cebula received $4,048 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Cebula will have already received $12,511 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.