Over 30 years of retirement, Bargon would collect as much as $1.55 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Bargon received $32,592 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 6 years of retirement, Bargon will have already received $210,817 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up