Over 30 years of retirement, Cox would collect as much as $1.14 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Cox received $24,041 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Cox will have already received $48,803 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up