Over 30 years of retirement, Sprague would collect as much as $2.06 million, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.
The projection assumes Sprague received $43,395 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Sprague will have already received $134,130 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up