Over 30 years of retirement, Terry would collect as much as $179,502, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Terry received $3,773 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Terry will have already received $7,659 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.