Over 30 years of retirement, Albers would collect as much as $904,952, according to a projection by Local Government Information Services (LGIS), which publishes Carbondale Reporter.
The projection assumes Albers received $19,021 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Albers will have already received $58,793 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
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