Over 30 years of retirement, Schabert would collect as much as $4.2 million, according to a projection by Local Government Information Services (LGIS), which publishes Kane County Reporter.
The projection assumes Schabert received $88,268 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Schabert will have already received $272,827 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
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