Over 30 years of retirement, Beverly would collect as much as $3.17 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Beverly received $66,609 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Beverly will have already received $205,881 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.