Over 30 years of retirement, Bender would collect as much as $423,822, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Bender received $8,908 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 9 years of retirement, Bender will have already received $90,498 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up