Over 30 years of retirement, Mohr would collect as much as $68,086, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Mohr received $1,431 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Mohr will have already received $1,431 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.