Over 30 years of retirement, Sakanis would collect as much as $1.47 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Sakanis received $30,805 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Sakanis will have already received $95,215 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.