Over 30 years of retirement, Downey would collect as much as $79,532, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.
The projection assumes Downey received $1,671 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Downey will have already received $1,671 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up