Chicago City Wire

Former state university employee Karen Campbell, who retired in January 2016, saved $254,637 toward a pension over 33 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Campbell would collect as much as $6.83 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Campbell received $143,465 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Campbell will have already received $291,234 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.