Chicago City Wire

Former state university employee Catherine Manski, who retired in September 2018, saved $40,548 toward a pension over 21 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Manski would collect as much as $722,731, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Manski received $15,191 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Manski will have already received $46,954 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.