Over 30 years of retirement, Larsen would collect as much as $782,214, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Larsen received $16,441 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Larsen will have already received $50,817 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.