Over 30 years of retirement, Evans would collect as much as $932,076, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Evans received $19,591 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Evans will have already received $60,554 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up