Over 30 years of retirement, Gozner would collect as much as $2.05 million, according to a projection by Local Government Information Services (LGIS), which publishes Grundy Reporter.
The projection assumes Gozner received $43,030 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Gozner will have already received $133,002 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up