Over 30 years of retirement, Schlappi would collect as much as $667,496, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.
The projection assumes Schlappi received $14,030 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Schlappi will have already received $43,366 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.