Over 30 years of retirement, Dunn would collect as much as $7.94 million, according to a projection by Local Government Information Services (LGIS), which publishes Rock Island Today.
The projection assumes Dunn received $166,885 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Dunn will have already received $166,885 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up