Over 30 years of retirement, Majumdar would collect as much as $6.69 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Majumdar received $140,678 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Majumdar will have already received $285,576 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up