Over 30 years of retirement, Peel would collect as much as $761,998, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Peel received $16,016 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Peel will have already received $32,512 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.