Over 30 years of retirement, Gavin Tehrani would collect as much as $1.44 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Gavin Tehrani received $30,364 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Gavin Tehrani will have already received $127,031 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.