Over 30 years of retirement, Friederich would collect as much as $2.51 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.
The projection assumes Friederich received $52,808 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Friederich will have already received $163,224 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.