Over 30 years of retirement, Cauble would collect as much as $3.1 million, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.
The projection assumes Cauble received $65,121 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Cauble will have already received $132,196 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up