Over 30 years of retirement, Kneller would collect as much as $3.5 million, according to a projection by Local Government Information Services (LGIS), which publishes Will County Gazette.
The projection assumes Kneller received $73,585 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Kneller will have already received $149,378 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up