Over 30 years of retirement, Knop would collect as much as $1.29 million, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.
The projection assumes Knop received $27,100 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Knop will have already received $83,763 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.