Over 30 years of retirement, Stanley would collect as much as $603,029, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Stanley received $12,675 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Stanley will have already received $25,730 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.