Over 30 years of retirement, Maxey would collect as much as $469,472, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Maxey received $9,867 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Maxey will have already received $30,498 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
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