Over 30 years of retirement, Russell would collect as much as $1.07 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Russell received $22,580 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Russell will have already received $69,792 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up