Over 30 years of retirement, Cosby would collect as much as $932,179, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Cosby received $19,593 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Cosby will have already received $81,970 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.