Over 30 years of retirement, Regan would collect as much as $141,293, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Regan received $2,969 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Regan will have already received $12,422 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.