Chicago City Wire

Former state university employee Ruth Kleinpell, who retired in January 2017, saved $14,000 toward a pension over 6 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Kleinpell would collect as much as $945,772, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Kleinpell received $19,879 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Kleinpell will have already received $19,879 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.