Over 30 years of retirement, Moxley would collect as much as $496,144, according to a projection by Local Government Information Services (LGIS), which publishes Chambana Sun.
The projection assumes Moxley received $10,428 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Moxley will have already received $43,627 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up