Chicago City Wire

Former state university employee Kimberly Nagy, who retired in July 2016, saved $52,932 toward a pension over 6 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Nagy would collect as much as $1.91 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Nagy received $40,145 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 2 years of retirement, Nagy will have already received $81,494 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.