Over 30 years of retirement, Wedell would collect as much as $2.19 million, according to a projection by Local Government Information Services (LGIS), which publishes North Cook News.
The projection assumes Wedell received $46,057 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Wedell will have already received $142,358 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.