Chicago City Wire

Former state university employee Vilius Dundzila, who retired in June 2018, saved $139,716 toward a pension over 19 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Dundzila would collect as much as $1.95 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Dundzila received $41,014 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Dundzila will have already received $171,585 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.