Over 30 years of retirement, Constantine would collect as much as $2.69 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Constantine received $56,458 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Constantine will have already received $174,507 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up