Over 30 years of retirement, Rasmussen Johns would collect as much as $1.62 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Rasmussen Johns received $34,025 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Rasmussen Johns will have already received $69,071 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.