Over 30 years of retirement, O'Mara would collect as much as $9,705, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes O'Mara received $204 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, O'Mara will have already received $630 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up