Over 30 years of retirement, Coffee would collect as much as $115,574, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Coffee received $2,429 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Coffee will have already received $10,162 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up