Over 30 years of retirement, Prentice would collect as much as $484,247, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.
The projection assumes Prentice received $10,178 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Prentice will have already received $31,458 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up