Over 30 years of retirement, Barlan 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 Barlan received $35,328 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Barlan will have already received $147,800 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up