Over 30 years of retirement, Malany would collect as much as $223,492, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.
The projection assumes Malany received $4,697 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Malany will have already received $19,650 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.