Over 30 years of retirement, Eifler would collect as much as $1.37 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Eifler received $28,813 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Eifler will have already received $89,057 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up