Chicago City Wire

Former state university employee Marlene Von Gerichten, who retired in July 2016, saved $36,758 toward a pension over 14 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Von Gerichten would collect as much as $707,294, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Von Gerichten received $14,866 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Von Gerichten will have already received $45,949 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.