Over 30 years of retirement, Fillipitch would collect as much as $812,557, according to a projection by Local Government Information Services (LGIS), which publishes West Cook News.
The projection assumes Fillipitch received $17,079 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Fillipitch will have already received $52,789 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.