Over 30 years of retirement, Liebenow would collect as much as $2.72 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Liebenow received $57,189 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Liebenow will have already received $116,094 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.