Chicago City Wire

Former state university employee Vicki Rollins, who retired in April 2016, saved $33,710 toward a pension over 21 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Rollins would collect as much as $712,660, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Rollins received $14,979 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Rollins will have already received $46,298 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.