Chicago City Wire

Former state university employee David Ruhter, who retired in February 2019, saved $32,419 toward a pension over 9 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Ruhter would collect as much as $397,920, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Ruhter received $8,364 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 4 years of retirement, Ruhter will have already received $34,991 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.