Chicago City Wire

Former state university employee Christine Sevec Johnson, who retired in March 2017, saved $22,338 toward a pension over 8 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Sevec Johnson would collect as much as $793,557, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Sevec Johnson received $16,680 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Sevec Johnson will have already received $33,860 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.