Chicago City Wire

Former state university employee Deanna Falls, who retired in March 2016, saved $29,345 toward a pension over 16 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Falls would collect as much as $850,602, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Falls received $17,879 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Falls will have already received $36,294 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.