Over 30 years of retirement, Gibson would collect as much as $489,488, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Gibson received $10,288 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Gibson will have already received $20,885 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.