Over 30 years of retirement, Kasch would collect as much as $803,052, according to a projection by Local Government Information Services (LGIS), which publishes South Central Reporter.
The projection assumes Kasch received $16,879 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Kasch will have already received $34,264 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up