Over 30 years of retirement, Matus would collect as much as $2.35 million, according to a projection by Local Government Information Services (LGIS), which publishes Rockford Sun.
The projection assumes Matus received $49,315 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Matus will have already received $152,427 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.