Chicago City Wire

Former state university employee Paul Zavitkovsky, who retired in November 2018, saved $172,962 toward a pension over 17 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Zavitkovsky would collect as much as $1.89 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Zavitkovsky received $39,696 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 5 years of retirement, Zavitkovsky will have already received $210,752 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.