Over 30 years of retirement, Godley would collect as much as $428,424, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Godley received $9,005 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Godley will have already received $18,280 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.