Over 30 years of retirement, Seedoff would collect as much as $574,615, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.
The projection assumes Seedoff received $12,078 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Seedoff will have already received $24,518 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.