Over 30 years of retirement, Damico would collect as much as $3.7 million, according to a projection by Local Government Information Services (LGIS), which publishes Will County Gazette.
The projection assumes Damico received $77,852 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Damico will have already received $158,040 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
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