Over 30 years of retirement, Musselman would collect as much as $610,160, according to a projection by Local Government Information Services (LGIS), which publishes Sangamon Sun.
The projection assumes Musselman received $12,825 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Musselman will have already received $53,655 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up