Over 30 years of retirement, King would collect as much as $28,545, according to a projection by Local Government Information Services (LGIS), which publishes Kendall County Times.
The projection assumes King received $600 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, King will have already received $2,511 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up