Over 30 years of retirement, Sadewater would collect as much as $396,139, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Sadewater received $8,326 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Sadewater will have already received $16,902 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.