Over 30 years of retirement, Canerday would collect as much as $41,190, according to a projection by Local Government Information Services (LGIS), which publishes West Cook News.
The projection assumes Canerday received $865 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Canerday will have already received $1,756 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
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