Chicago City Wire

Former state university employee Judith Sunderman, who retired in January 2016, saved $40,986 toward a pension over 22 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Sunderman would collect as much as $1.33 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Sunderman received $27,910 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Sunderman will have already received $56,657 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.