Chicago City Wire

Former state university employee Mary Hazen, who retired in January 2018, saved $12,210 toward a pension over 6 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Hazen would collect as much as $632,117, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Hazen received $13,286 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 1 years of retirement, Hazen will have already received $13,286 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.