Over 30 years of retirement, Hampton would collect as much as $1.68 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Hampton received $35,362 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Hampton will have already received $109,301 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up