Over 30 years of retirement, Pinkston McKee would collect as much as $1.62 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Pinkston McKee received $34,017 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Pinkston McKee will have already received $142,316 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.