Over 30 years of retirement, Weinberg would collect as much as $152,271, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Weinberg received $3,200 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Weinberg will have already received $6,496 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.