Over 30 years of retirement, Heichel would collect as much as $1.95 million, according to a projection by Local Government Information Services (LGIS), which publishes West Cook News.
The projection assumes Heichel received $41,089 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Heichel will have already received $127,003 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.