Over 30 years of retirement, Goldstein would collect as much as $433,059, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Goldstein received $9,102 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Goldstein will have already received $9,102 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up