Over 30 years of retirement, McNeil would collect as much as $8.05 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.
The projection assumes McNeil received $169,280 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, McNeil will have already received $708,204 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up