Over 30 years of retirement, Monhardt would collect as much as $595,008, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.
The projection assumes Monhardt received $12,506 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Monhardt will have already received $25,387 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.