Chicago City Wire

Former state university employee Karen Ein, who retired in January 2016, saved $100,202 toward a pension over 24 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Ein would collect as much as $2.91 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Ein received $61,092 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Ein will have already received $124,017 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.