Over 30 years of retirement, Peterson would collect as much as $3.1 million, according to a projection by Local Government Information Services (LGIS), which publishes DuPage Policy Journal.
The projection assumes Peterson received $65,078 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Peterson will have already received $272,261 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.