Over 30 years of retirement, Booth would collect as much as $659,646, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Booth received $13,865 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Booth will have already received $42,855 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up