Over 30 years of retirement, Garibay Mulattieri would collect as much as $254,176, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Garibay Mulattieri received $5,342 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Garibay Mulattieri will have already received $22,348 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.