Over 30 years of retirement, Ebstein would collect as much as $2.07 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Ebstein received $43,486 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Ebstein will have already received $134,412 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.