Over 30 years of retirement, Hensley would collect as much as $1.38 million, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.
The projection assumes Hensley received $28,916 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Hensley will have already received $89,375 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up