Over 30 years of retirement, Carlos would collect as much as $592,599, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Carlos received $12,456 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Carlos will have already received $52,112 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.