Over 30 years of retirement, Sargeant would collect as much as $60,955, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.
The projection assumes Sargeant received $1,281 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Sargeant will have already received $2,600 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.