Over 30 years of retirement, March would collect as much as $4.89 million, according to a projection by Local Government Information Services (LGIS), which publishes West Central Reporter.
The projection assumes March received $102,681 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, March will have already received $102,681 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up