Over 30 years of retirement, Schoo would collect as much as $1.18 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Schoo received $24,871 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Schoo will have already received $50,488 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.