Over 30 years of retirement, Cuevas would collect as much as $87,810, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Cuevas received $1,845 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Cuevas will have already received $7,718 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up