Over 30 years of retirement, Christain would collect as much as $2.48 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Christain received $52,150 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Christain will have already received $161,191 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

Alerts Sign-up