Over 30 years of retirement, Schochat would collect as much as $5.69 million, according to a projection by Local Government Information Services (LGIS), which publishes West Cook News.
The projection assumes Schochat received $119,544 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Schochat will have already received $242,674 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.