Over 30 years of retirement, Anderson would collect as much as $71,745, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Anderson received $1,508 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Anderson will have already received $6,309 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.