Over 30 years of retirement, Levine would collect as much as $3.03 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Levine received $63,793 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Levine will have already received $197,178 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.