Over 30 years of retirement, Meier would collect as much as $520,608, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.
The projection assumes Meier received $10,942 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Meier will have already received $22,212 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
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