Over 30 years of retirement, Murphy would collect as much as $948,524, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.
The projection assumes Murphy received $19,937 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Murphy will have already received $19,937 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.