Over 30 years of retirement, McClain would collect as much as $666,052, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.
The projection assumes McClain received $13,999 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, McClain will have already received $58,568 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up