Over 30 years of retirement, Knicker would collect as much as $42,817, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.
The projection assumes Knicker received $900 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Knicker will have already received $3,766 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up