Chicago City Wire

Former state university employee Rosanne Ward, who retired in August 2018, saved $4,866 toward a pension over 5 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Ward would collect as much as $67,144, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Ward received $1,411 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Ward will have already received $5,903 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.