Over 30 years of retirement, Grasley would collect as much as $84,014, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Grasley received $1,765 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Grasley will have already received $5,456 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.