Over 30 years of retirement, Dottery would collect as much as $671,635, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Dottery received $14,117 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Dottery will have already received $43,635 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up