Over 30 years of retirement, Holman would collect as much as $129,401, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Holman received $2,719 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Holman will have already received $2,719 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.