Over 30 years of retirement, Holajter would collect as much as $428,184, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Holajter received $9,000 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Holajter will have already received $27,818 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up