Chicago City Wire

Former state university employee Carl Norington, who retired in August 2018, saved $31,901 toward a pension over 17 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Norington would collect as much as $576,614, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Norington received $12,120 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Norington will have already received $37,463 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.