Over 30 years of retirement, Harris would collect as much as $1.54 million, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Harris received $32,397 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Harris will have already received $135,537 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up