Over 30 years of retirement, Pluymert would collect as much as $3.23 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Pluymert received $67,986 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Pluymert will have already received $138,012 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up