Over 30 years of retirement, Seth would collect as much as $2.08 million, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.
The projection assumes Seth received $43,728 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Seth will have already received $135,159 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.