Over 30 years of retirement, Pearce would collect as much as $3.2 million, according to a projection by Local Government Information Services (LGIS), which publishes Kendall County Times.
The projection assumes Pearce received $67,263 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Pearce will have already received $207,903 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.