Over 30 years of retirement, Golec would collect as much as $447,932, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Golec received $9,415 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Golec will have already received $19,112 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.