Over 30 years of retirement, Fitchuk would collect as much as $1.71 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Fitchuk received $36,000 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Fitchuk will have already received $111,272 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up