Over 30 years of retirement, Paulson would collect as much as $4.21 million, according to a projection by Local Government Information Services (LGIS), which publishes Rock Island Today.
The projection assumes Paulson received $88,459 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Paulson will have already received $179,572 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.