Over 30 years of retirement, Maines would collect as much as $277,985, according to a projection by Local Government Information Services (LGIS), which publishes Rockford Sun.
The projection assumes Maines received $5,843 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 6 years of retirement, Maines will have already received $37,796 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
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