Chicago City Wire

Former state university employee John Dorsey, who retired in May 2018, saved $25,668 toward a pension over 15 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Dorsey would collect as much as $628,749, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Dorsey received $13,215 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Dorsey will have already received $26,826 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.