Over 30 years of retirement, Green would collect as much as $3.7 million, according to a projection by Local Government Information Services (LGIS), which publishes Kane County Reporter.
The projection assumes Green received $77,791 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Green will have already received $157,916 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

Alerts Sign-up