Chicago City Wire

Former state university employee John Chojnacki, who retired in January 2016, saved $9,955 toward a pension over 12 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Chojnacki would collect as much as $309,755, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Chojnacki received $6,510 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Chojnacki will have already received $13,215 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.