Over 30 years of retirement, Kladis would collect as much as $4.13 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Kladis received $86,763 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Kladis will have already received $268,176 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up