Over 30 years of retirement, Kuebler would collect as much as $2.87 million, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.
The projection assumes Kuebler received $60,407 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Kuebler will have already received $122,626 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up