Chicago City Wire

Former state university employee John Evans, who retired in March 2016, saved $63,673 toward a pension over 27 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Evans would collect as much as $1.21 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Evans received $25,524 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Evans will have already received $78,893 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.