Chicago City Wire

Former state university employee Ora Simpson Brown, who retired in March 2018, saved $4,470 toward a pension over 3 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Simpson Brown would collect as much as $269,615, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Simpson Brown received $5,667 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Simpson Brown will have already received $5,667 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.