Over 30 years of retirement, Mayer Morris would collect as much as $1.61 million, according to a projection by Local Government Information Services (LGIS), which publishes McLean County Times.
The projection assumes Mayer Morris received $33,824 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Mayer Morris will have already received $104,547 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.