Over 30 years of retirement, Jensen would collect as much as $47,870, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.
The projection assumes Jensen received $1,006 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Jensen will have already received $4,208 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.