Over 30 years of retirement, Miles would collect as much as $3.77 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Miles received $79,171 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Miles will have already received $160,717 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.