Over 30 years of retirement, Lahey would collect as much as $114,004, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Lahey received $2,396 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Lahey will have already received $2,396 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.