Over 30 years of retirement, McLaughlin would collect as much as $2.41 million, according to a projection by Local Government Information Services (LGIS), which publishes Quincy Reporter.
The projection assumes McLaughlin received $50,742 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, McLaughlin will have already received $212,285 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
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