Over 30 years of retirement, Cady would collect as much as $383,071, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Cady received $8,051 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Cady will have already received $24,886 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up