Over 30 years of retirement, Boyd would collect as much as $397,172, according to a projection by Local Government Information Services (LGIS), which publishes McLean County Times.
The projection assumes Boyd received $8,348 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Boyd will have already received $34,924 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up