Over 30 years of retirement, Wiest would collect as much as $3.11 million, according to a projection by Local Government Information Services (LGIS), which publishes Peoria Standard.
The projection assumes Wiest received $65,456 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Wiest will have already received $202,319 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up