Over 30 years of retirement, Parise would collect as much as $2.25 million, according to a projection by Local Government Information Services (LGIS), which publishes West Cook News.
The projection assumes Parise received $47,352 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Parise will have already received $146,361 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.