Over 30 years of retirement, Powell would collect as much as $690,258, according to a projection by Local Government Information Services (LGIS), which publishes McLean County Times.
The projection assumes Powell received $14,508 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Powell will have already received $60,695 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
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