Over 30 years of retirement, Katz would collect as much as $3.37 million, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Katz received $70,802 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Katz will have already received $296,209 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.