Dupage Policy Journal

Former state university employee Marianne McNulty, who retired in April 2017, saved $10,555 toward a pension over 10 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, McNulty would collect as much as $181,627, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes McNulty received $3,817 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, McNulty will have already received $11,799 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.