Over 30 years of retirement, Bowdry would collect as much as $1.34 million, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.
The projection assumes Bowdry received $28,216 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Bowdry will have already received $57,278 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up