Over 30 years of retirement, Sayler would collect as much as $2.49 million, according to a projection by Local Government Information Services (LGIS), which publishes South Cook News.
The projection assumes Sayler received $52,425 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Sayler will have already received $162,041 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up