Over 30 years of retirement, Browning would collect as much as $3.21 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Browning received $67,533 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Browning will have already received $208,738 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up