Over 30 years of retirement, Frankenberger would collect as much as $2.03 million, according to a projection by Local Government Information Services (LGIS), which publishes Illinois Valley Times.
The projection assumes Frankenberger received $42,694 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Frankenberger will have already received $131,963 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.