Over 30 years of retirement, Sharma 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 Sharma received $23,868 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Sharma will have already received $73,774 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.