Over 30 years of retirement, Palin would collect as much as $380,354, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.
The projection assumes Palin received $7,994 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Palin will have already received $7,994 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.