Over 30 years of retirement, Moog would collect as much as $743,089, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Moog received $15,619 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Moog will have already received $15,619 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.