Over 30 years of retirement, Gerike would collect as much as $687,352, according to a projection by Local Government Information Services (LGIS), which publishes McLean County Times.
The projection assumes Gerike received $14,447 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Gerike will have already received $44,653 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.