Over 30 years of retirement, David would collect as much as $5.43 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes David received $114,150 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, David will have already received $231,725 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
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