Chicago City Wire

Former state university employee Snezna Semrl, who retired in January 2018, saved $32,493 toward a pension over 14 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Semrl would collect as much as $823,501, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Semrl received $17,309 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Semrl will have already received $35,137 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.