Over 30 years of retirement, Shaffer would collect as much as $302,237, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Shaffer received $6,352 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Shaffer will have already received $6,352 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.