Over 30 years of retirement, Raney would collect as much as $4.77 million, according to a projection by Local Government Information Services (LGIS), which publishes Illinois Valley Times.
The projection assumes Raney received $100,185 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Raney will have already received $309,663 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.