Over 30 years of retirement, Childress would collect as much as $2.62 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Childress received $55,127 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Childress will have already received $111,908 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.