Over 30 years of retirement, Giacchetti would collect as much as $336,251, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Giacchetti received $7,067 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Giacchetti will have already received $29,565 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.