Over 30 years of retirement, James would collect as much as $169,096, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes James received $3,554 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, James will have already received $14,870 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up