Chicago City Wire

Former state university employee Patricia Taylor, who retired in October 2018, saved $142,729 toward a pension over 22 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Taylor would collect as much as $2.1 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Taylor received $44,232 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Taylor will have already received $185,051 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.