Over 30 years of retirement, Bowser would collect as much as $4.11 million, according to a projection by Local Government Information Services (LGIS), which publishes Macon Reporter.
The projection assumes Bowser received $86,436 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 2 years of retirement, Bowser will have already received $175,465 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.
Alerts Sign-up