Over 30 years of retirement, Giannasi Wendricks would collect as much as $2.11 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Giannasi Wendricks received $44,406 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Giannasi Wendricks will have already received $137,254 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up