Over 30 years of retirement, Rogers would collect as much as $260,903, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.
The projection assumes Rogers received $5,484 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 7 years of retirement, Rogers will have already received $42,024 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up