Over 30 years of retirement, Jones Ward would collect as much as $2.6 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Jones Ward received $54,560 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Jones Ward will have already received $110,757 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.