Over 30 years of retirement, Langerveld would collect as much as $176,010, according to a projection by Local Government Information Services (LGIS), which publishes Kane County Reporter.
The projection assumes Langerveld received $3,699 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 5 years of retirement, Langerveld will have already received $19,638 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
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