Chicago City Wire

Former state university employee Kristine Healy, who retired in January 2016, saved $28,474 toward a pension over 8 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Healy would collect as much as $1.52 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Healy received $31,993 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Healy will have already received $31,993 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.