Chicago City Wire

Former state university employee Kyle Gallivan, who retired in January 2016, saved $58,265 toward a pension over 10 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Gallivan would collect as much as $2.57 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Gallivan received $54,020 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Gallivan will have already received $109,661 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.