Over 30 years of retirement, Pestine would collect as much as $1.75 million, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.
The projection assumes Pestine received $36,695 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Pestine will have already received $113,421 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.