Over 30 years of retirement, Heinz would collect as much as $4.2 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.
The projection assumes Heinz received $88,238 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Heinz will have already received $179,123 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.

Alerts Sign-up