Chicago City Wire

Former state university employee Lynn Doolen, who retired in March 2016, saved $40,223 toward a pension over 14 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Doolen would collect as much as $710,017, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Doolen received $14,924 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Doolen will have already received $46,129 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.