An Alabama Retirement Systems official says former state Rep. Terry Spicer could lose $550,000 in retirement benefits after being fired as superintendent of Elba city schools.
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| Terry Spicer |
Spicer will be sentenced April 23 for accepting more than $100,000 from a casino developer and lobbyist to provide political favors at the Legislature.
Spicer has 23 years and eight months of service to the state.
Chris Townes, retirement systems' benefits director, says if the 46-year-old Spicer had kept his job into 2013, he would have completed 25 years of service and would be collecting about $50,000 in annual retirement benefits.
Instead, Spicer won't collect until he turns 60.
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