Chicago City Wire

Former state university employee Yolanda De Peralta, who retired in July 2018, saved $170,925 toward a pension over 20 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, De Peralta would collect as much as $2.75 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes De Peralta received $57,743 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, De Peralta will have already received $178,477 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.