Over 30 years of retirement, Hamann would collect as much as $1.32 million, according to a projection by Local Government Information Services (LGIS), which publishes Rockford Sun.
The projection assumes Hamann received $27,694 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Hamann will have already received $115,862 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
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