Over 30 years of retirement, Ranzy Allen would collect as much as $2.9 million, according to a projection by Local Government Information Services (LGIS), which publishes Macon Reporter.
The projection assumes Ranzy Allen received $61,026 in the first year of retirement, then 3 percent annual increases thereafter, compounded.
After 3 years of retirement, Ranzy Allen will have already received $188,626 in retirement benefits, or more than the sum total of the retiree's contributions to the teachers' pension fund.