Over 30 years of retirement, Ealey would collect as much as $497,960, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.
The projection assumes Ealey received $10,466 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Ealey will have already received $32,349 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up