Over 30 years of retirement, Lawson would collect as much as $740,580, according to a projection by Local Government Information Services (LGIS), which publishes Chicago City Wire.
The projection assumes Lawson received $15,566 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Lawson will have already received $65,122 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up