Over 30 years of retirement, Williams would collect as much as $862,985, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.
The projection assumes Williams received $18,139 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Williams will have already received $56,065 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up