Over 30 years of retirement, Morton Miller would collect as much as $1.44 million, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.
The projection assumes Morton Miller received $30,352 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Morton Miller will have already received $126,983 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.