Over 30 years of retirement, Magar would collect as much as $1.31 million, according to a projection by Local Government Information Services (LGIS), which publishes McHenry Times.
The projection assumes Magar received $27,453 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Magar will have already received $114,854 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.