Over 30 years of retirement, Swan would collect as much as $414,037, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.
The projection assumes Swan received $8,702 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Swan will have already received $36,406 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up