Over 30 years of retirement, Reynard would collect as much as $324,924, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.
The projection assumes Reynard received $6,829 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Reynard will have already received $6,829 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up