Over 30 years of retirement, Nielsen would collect as much as $510,959, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.
The projection assumes Nielsen received $10,740 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 1 years of retirement, Nielsen will have already received $10,740 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.