Over 30 years of retirement, Demartinis would collect as much as $1.24 million, according to a projection by Local Government Information Services (LGIS), which publishes McHenry Times.
The projection assumes Demartinis received $26,002 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Demartinis will have already received $108,782 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.