Over 30 years of retirement, Carey would collect as much as $2.61 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Carey received $54,818 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Carey will have already received $111,281 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up