Over 30 years of retirement, Vest would collect as much as $562,655, according to a projection by Local Government Information Services (LGIS), which publishes Macon Reporter.
The projection assumes Vest received $11,826 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 4 years of retirement, Vest will have already received $49,475 in retirement benefits, or more than the sum total of the retiree's contributions to the state pension fund.
Alerts Sign-up