Over 30 years of retirement, Findley would collect as much as $159,025, according to a projection by Local Government Information Services (LGIS), which publishes Rock Island Today.
The projection assumes Findley received $3,342 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Findley will have already received $13,980 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up