Over 30 years of retirement, Beckett would collect as much as $3.16 million, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.
The projection assumes Beckett received $66,522 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Beckett will have already received $205,614 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up