Over 30 years of retirement, Holley would collect as much as $228,641, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.
The projection assumes Holley received $4,805 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 5 years of retirement, Holley will have already received $25,509 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.