Over 30 years of retirement, Vannorman would collect as much as $2.7 million, according to a projection by Local Government Information Services (LGIS), which publishes West Cook News.
The projection assumes Vannorman received $56,755 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Vannorman will have already received $115,213 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.