Over 30 years of retirement, Vonderheide would collect as much as $1.64 million, according to a projection by Local Government Information Services (LGIS), which publishes East Central Reporter.
The projection assumes Vonderheide received $34,513 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Vonderheide will have already received $106,675 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.