Dupage Policy Journal

Former state university employee Susan Wilson, who retired in July 2018, saved $39,366 toward a pension over 11 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Wilson would collect as much as $605,239, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.

The projection assumes Wilson received $12,721 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Wilson will have already received $53,221 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.