Chicago City Wire

Former state university employee Isabel Stierle, who retired in September 2018, saved $24,086 toward a pension over 12 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Stierle would collect as much as $845,241, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Stierle received $17,766 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Stierle will have already received $36,065 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.