Over 30 years of retirement, Derenzy would collect as much as $684,035, according to a projection by Local Government Information Services (LGIS), which publishes West Central Reporter.
The projection assumes Derenzy received $14,377 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Derenzy will have already received $44,437 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.