Over 30 years of retirement, Fehl would collect as much as $3.09 million, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.
The projection assumes Fehl received $64,919 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Fehl will have already received $200,659 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up