Chicago City Wire

Former state university employee Marilyn Lablaiks, who retired in May 2018, saved $109,573 toward a pension over 11 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Lablaiks would collect as much as $1.72 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Lablaiks received $36,205 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Lablaiks will have already received $111,906 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.