Over 30 years of retirement, Hansen would collect as much as $484,064, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Hansen received $10,174 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Hansen will have already received $31,446 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.