Over 30 years of retirement, Shaw would collect as much as $240,179, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Shaw received $5,048 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Shaw will have already received $21,118 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.