Over 30 years of retirement, Sheluga would collect as much as $845,470, according to a projection by Local Government Information Services (LGIS), which publishes McHenry Times.
The projection assumes Sheluga received $17,771 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Sheluga will have already received $74,347 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.