Over 30 years of retirement, Coglianese would collect as much as $6.21 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Coglianese received $130,624 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Coglianese will have already received $403,746 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up