Over 30 years of retirement, Turpen would collect as much as $946,686, according to a projection by Local Government Information Services (LGIS), which publishes Metro East Sun.
The projection assumes Turpen received $19,898 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Turpen will have already received $83,246 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up