Chicago City Wire

Former state university employee Sharon Tillman, who retired in January 2016, saved $73,931 toward a pension over 33 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Tillman would collect as much as $2.24 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Tillman received $47,163 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Tillman will have already received $95,741 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.