Over 30 years of retirement, Degenhart would collect as much as $215,967, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.
The projection assumes Degenhart received $4,539 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 5 years of retirement, Degenhart will have already received $24,096 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.