Over 30 years of retirement, Stimson would collect as much as $607,631, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.
The projection assumes Stimson received $12,771 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Stimson will have already received $53,429 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.