Over 30 years of retirement, Heard would collect as much as $381,170, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Heard received $8,011 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Heard will have already received $16,262 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.