Over 30 years of retirement, Williamson would collect as much as $1.56 million, according to a projection by Local Government Information Services (LGIS), which publishes McLean County Times.
The projection assumes Williamson received $32,734 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Williamson will have already received $66,450 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up