Over 30 years of retirement, Keiser would collect as much as $356,381, according to a projection by Local Government Information Services (LGIS), which publishes DeKalb Times.
The projection assumes Keiser received $7,490 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Keiser will have already received $15,205 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.