Over 30 years of retirement, Crawford would collect as much as $3.67 million, according to a projection by Local Government Information Services (LGIS), which publishes Grundy Reporter.
The projection assumes Crawford received $77,042 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Crawford will have already received $156,395 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up