Over 30 years of retirement, Imhoff would collect as much as $605,867, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.
The projection assumes Imhoff received $12,734 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Imhoff will have already received $39,359 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up