Over 30 years of retirement, Simonson would collect as much as $3.94 million, according to a projection by Local Government Information Services (LGIS), which publishes West Central Reporter.
The projection assumes Simonson received $82,822 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Simonson will have already received $168,129 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.