Over 30 years of retirement, Berenbaum would collect as much as $1.48 million, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.
The projection assumes Berenbaum received $31,041 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Berenbaum will have already received $63,013 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.