Over 30 years of retirement, Bonie would collect as much as $896,166, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Bonie received $18,836 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Bonie will have already received $38,237 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.