Over 30 years of retirement, Cook Webb would collect as much as $2.58 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Cook Webb received $54,147 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Cook Webb will have already received $167,362 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up