Over 30 years of retirement, Hebson would collect as much as $10.01 million, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.
The projection assumes Hebson received $210,445 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Hebson will have already received $427,203 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up