Chicago City Wire

Former state university employee Debra Goodwin, who retired in June 2016, saved $10,454 toward a pension over 5 years working for state universities, State Universities Retirement System of Illinois records show.

Over 30 years of retirement, Goodwin would collect as much as $165,048, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.

The projection assumes Goodwin received $3,469 in the first year of retirement, then 3 percent annual increases thereafter, compounded.

After 3 years of retirement, Goodwin will have already received $10,722 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.