Over 30 years of retirement, Bank would collect as much as $740,749, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Bank received $15,570 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Bank will have already received $48,125 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.