Over 30 years of retirement, Dal Cerro would collect as much as $4.41 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Dal Cerro received $92,795 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Dal Cerro will have already received $188,374 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up