Over 30 years of retirement, Niffen would collect as much as $304,994, according to a projection by Local Government Information Services (LGIS), which publishes West Central Reporter.
The projection assumes Niffen received $6,410 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Niffen will have already received $26,816 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
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