Over 30 years of retirement, Oslovich would collect as much as $6.82 million, according to a projection by Local Government Information Services (LGIS), which publishes McHenry Times.
The projection assumes Oslovich received $143,410 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Oslovich will have already received $443,265 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up