Over 30 years of retirement, Gurley would collect as much as $349,599, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.
The projection assumes Gurley received $7,348 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Gurley will have already received $30,740 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up