Over 30 years of retirement, Kozak would collect as much as $2.85 million, according to a projection by Local Government Information Services (LGIS), which publishes Kane County Reporter.
The projection assumes Kozak received $59,818 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Kozak will have already received $184,892 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up