Over 30 years of retirement, Lenstra would collect as much as $105,526, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.
The projection assumes Lenstra received $2,218 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Lenstra will have already received $4,503 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up