Over 30 years of retirement, Clark would collect as much as $405,957, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Clark received $8,532 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Clark will have already received $35,696 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up