Over 30 years of retirement, Dale would collect as much as $739,778, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.
The projection assumes Dale received $15,549 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Dale will have already received $31,564 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up