Over 30 years of retirement, Righter would collect as much as $1.71 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Righter received $35,947 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Righter will have already received $72,972 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up