Over 30 years of retirement, Kohn would collect as much as $1.59 million, according to a projection by Local Government Information Services (LGIS), which publishes Will County Gazette.
The projection assumes Kohn received $33,459 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Kohn will have already received $103,419 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up