Over 30 years of retirement, Mamon would collect as much as $296,014, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Mamon received $6,222 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Mamon will have already received $26,031 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.