Over 30 years of retirement, Barr Holquist would collect as much as $342,754, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.
The projection assumes Barr Holquist received $7,204 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Barr Holquist will have already received $14,624 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up