Over 30 years of retirement, Barnes would collect as much as $1.7 million, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.
The projection assumes Barnes received $35,821 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Barnes will have already received $110,720 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up