Over 30 years of retirement, Gall would collect as much as $4.22 million, according to a projection by Local Government Information Services (LGIS), which publishes McHenry Times.
The projection assumes Gall received $88,765 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Gall will have already received $180,193 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up