Over 30 years of retirement, Dee would collect as much as $2.42 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Dee received $50,805 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Dee will have already received $157,033 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.