Over 30 years of retirement, Sparrow would collect as much as $781,152, according to a projection by Local Government Information Services (LGIS), which publishes McLean County Times.
The projection assumes Sparrow received $16,419 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Sparrow will have already received $50,750 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.