Over 30 years of retirement, Taylor Boehm would collect as much as $3.95 million, according to a projection by Local Government Information Services (LGIS), which publishes Lake County Gazette.
The projection assumes Taylor Boehm received $83,002 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Taylor Boehm will have already received $168,494 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up