Over 30 years of retirement, Donnellan would collect as much as $8.64 million, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.
The projection assumes Donnellan received $181,614 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Donnellan will have already received $368,676 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up