Over 30 years of retirement, Simpson would collect as much as $45,289, according to a projection by Local Government Information Services (LGIS), which publishes McLean County Times.
The projection assumes Simpson received $951 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Simpson will have already received $3,979 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up