Over 30 years of retirement, Hilmer would collect as much as $6.05 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Hilmer received $127,074 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Hilmer will have already received $392,773 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.