Over 30 years of retirement, Bruno would collect as much as $493,747, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Bruno received $10,378 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Bruno will have already received $10,378 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.