Over 30 years of retirement, Raices would collect as much as $730,295, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Raices received $15,350 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Raices will have already received $64,220 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
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