Over 30 years of retirement, Wetzel would collect as much as $339,414, according to a projection by Local Government Information Services (LGIS), which publishes Macon Reporter.
The projection assumes Wetzel received $7,134 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Wetzel will have already received $29,845 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up