Over 30 years of retirement, Venhuizen would collect as much as $539,625, according to a projection by Local Government Information Services (LGIS), which publishes NW Illinois News.
The projection assumes Venhuizen received $11,342 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Venhuizen will have already received $11,342 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.