Over 30 years of retirement, Jaroche would collect as much as $588,260, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.
The projection assumes Jaroche received $12,364 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Jaroche will have already received $12,364 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
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