Over 30 years of retirement, Cappetta would collect as much as $5.06 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Cappetta received $106,443 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Cappetta will have already received $329,004 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up