Chicago City Wire

Former state university employee Willard Moore, who retired in June 2018, saved $26,851 toward a pension over 23 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Moore would collect as much as $777,486, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Moore received $16,342 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Moore will have already received $33,174 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.