Chicago City Wire

Former state university employee Christine Martin, who retired in October 2016, saved $53,007 toward a pension over 11 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Martin would collect as much as $591,497, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Martin received $12,432 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 5 years of retirement, Martin will have already received $66,004 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.