Over 30 years of retirement, Miller would collect as much as $812,449, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Miller received $17,077 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Miller will have already received $71,444 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.