Over 30 years of retirement, Ochoa would collect as much as $183,260, according to a projection by Local Government Information Services (LGIS), which publishes Kane County Reporter.
The projection assumes Ochoa received $3,852 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 5 years of retirement, Ochoa will have already received $20,453 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up